Alicante, Alicante 03016 1.55 Acres of Commercial Land Offered at $1,730,703

Buildable land in Vistahermosa - PAU 3 (Alicante). Excellent investment opportunity in Vistahermosa, one of the most exclusive and sought-after areas of Alicante. Plot currently undergoing urbanization, located in the heart of PAU-3, with urban development potential for the construction of up to 12 townhouses or 24 collective housing units, according to the latest approved planning. The area stands out for its high residential appeal, surrounded by prestigious schools, restaurants, shopping centers, and excellent connections. It is located just 1 km from San Juan Beach and less than 2 km from Alicante Golf Course. **Key Features** - **Land area:** 6,283 m² - **Buildability:** - 12 townhouses or - 24 collective housing units - **Current built area:** 780 m² **Current property features:** - Main residence (basement, ground floor, and first floor) - Independent garage building - Auxiliary single-story constructions - Attached stables - Swimming pool, barbecue area, and fruit trees However, the true value of the property lies not in the existing buildings but in its buildability and strategic location. **Urban Planning Status** Under the upcoming urbanization plan, the plot will be intersected by several roads, which will require the demolition of the current buildings. As a result, the owner will receive compensation for these constructions, the amount of which is yet to be determined. The urbanization of PAU-3 has already been awarded and will begin soon, making this property an excellent medium-term investment. **Price** €1,500,000 A highly attractive opportunity for developers or investors seeking a solid project in one of Alicante's most promising areas.