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Investment Highlights

  • Building located in a well-established residential area with all services within reach.
  • Well connected by public and private transportation.

Executive Summary

Residential building located on Reina Victoria Street, in the town of Elche, in the province of Alicante. It has 1,590 m2 of built area distributed over 8 above-ground floors. It boasts excellent transportation links, making it easy to travel to the city center and nearby towns.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit -
  • 936 SF
  • Retail
  • $52,481 ($56.07/SF)
  • -
Sale Type Investment or Owner User
Description
A street-level commercial space is available on Reina Victoria Avenue. This property is exclusively designated for commercial use and does not allow conversion into residential housing.
Sale Notes
The property features a five-meter façade, complemented by a glass front and a showcase divided into two sections, both equipped with visible metal shutters. Inside, it includes a restroom and is organized into two main areas: the main entrance to the premises and a storage area located at the back. The ceiling height is notable in both areas, reaching approximately three meters, which provides spaciousness and flexibility for various space configurations.

Currently, the property is in use and can be visited without any issues. Occupancy of the premises can take place immediately after purchase, making it easy to start commercial activities right away.
Unit Unit Size Condo Use Price NOI
Unit - 936 SF Retail $52,481 ($56.07/SF) -

Unit -

Unit Size
936 SF
Condo Use
Retail
Price
$52,481 ($56.07/SF)
NOI
-

Unit -

Unit Size 936 SF
Condo Use Retail
Price $52,481 ($56.07/SF)
NOI -
Sale Type Investment or Owner User
Description
A street-level commercial space is available on Reina Victoria Avenue. This property is exclusively designated for commercial use and does not allow conversion into residential housing.</li></ul>
Sale Notes
The property features a five-meter fa&#231;ade, complemented by a glass front and a showcase divided into two sections, both equipped with visible metal shutters. Inside, it includes a restroom and is organized into two main areas: the main entrance to the premises and a storage area located at the back. The ceiling height is notable in both areas, reaching approximately three meters, which provides spaciousness and flexibility for various space configurations.<br> <br> Currently, the property is in use and can be visited without any issues. Occupancy of the premises can take place immediately after purchase, making it easy to start commercial activities right away.</li></ul>

Property Facts

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 10,000 - 60,000 SF
Property Type Multifamily (Condo)
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Building Class C
Floors 8
Year Built 1970 - 1979

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 14 - 1,087
  • Listing ID: 38552962

  • Date on Market: 11/24/2025

  • Last Updated:

  • Address: Elche, Alicante 03201

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