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Zona Playa Los Arenales del Sol 753 SF Retail Condo Unit Offered at $302,058 in Elche, Alicante 03195
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Investment Highlights
- Building located in a consolidated residential area and with all services at your fingertips.
- Well connected by public and private transport.
Executive Summary
Residential building located in the Playa de Los Arenales del Sol area, in the town of Elche, in the province of Alicante. It has 2,193 m2 of built area distributed over 7 floors above ground. It has excellent communications, making it easy to travel to the urban center and other nearby towns.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
Commercial space of 70 m2 built, with large terrace, located on the ground floor of a residential building located in the urban area of the town of Elche, in the province of Alicante.
Sale Notes
Restaurant in full operation located on the beachfront, just 10 meters from the sea. Its location offers direct views of the Mediterranean and an environment with high tourist traffic for most of the year.
The premises cover 70 m² and feature a spacious terrace facing the sea, ideal for serving meals and dinners outdoors. It is delivered fully furnished and equipped, allowing the business to continue operating without the need for additional initial investment.
It includes a fully equipped kitchen and an air conditioning system with heating and cooling functions. The business remains open year-round, with peak activity during spring, summer, and fall, thanks to its prime location and established clientele.
A parking space in the building's communal parking lot is included. The property has dual access from the interior, offering the possibility of a change of use and the option to convert it into one or two residential units, in compliance with current regulations.
This property is suitable both for running a hospitality business and as an investment with various usage alternatives in a well-established coastal area.
The premises cover 70 m² and feature a spacious terrace facing the sea, ideal for serving meals and dinners outdoors. It is delivered fully furnished and equipped, allowing the business to continue operating without the need for additional initial investment.
It includes a fully equipped kitchen and an air conditioning system with heating and cooling functions. The business remains open year-round, with peak activity during spring, summer, and fall, thanks to its prime location and established clientele.
A parking space in the building's communal parking lot is included. The property has dual access from the interior, offering the possibility of a change of use and the option to convert it into one or two residential units, in compliance with current regulations.
This property is suitable both for running a hospitality business and as an investment with various usage alternatives in a well-established coastal area.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit - | 753 SF | Retail | $302,058 ($401.14/SF) | - |
Unit -
| Unit Size |
| 753 SF |
| Condo Use |
| Retail |
| Price |
| $302,058 ($401.14/SF) |
| NOI |
| - |
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Unit -
| Unit Size | 753 SF |
| Condo Use | Retail |
| Price | $302,058 ($401.14/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Commercial space of 70 m2 built, with large terrace, located on the ground floor of a residential building located in the urban area of the town of Elche, in the province of Alicante.</li></ul> | |
| Sale Notes | |
| Restaurant in full operation located on the beachfront, just 10 meters from the sea. Its location offers direct views of the Mediterranean and an environment with high tourist traffic for most of the year.<br> <br> The premises cover 70 m² and feature a spacious terrace facing the sea, ideal for serving meals and dinners outdoors. It is delivered fully furnished and equipped, allowing the business to continue operating without the need for additional initial investment.<br> <br> It includes a fully equipped kitchen and an air conditioning system with heating and cooling functions. The business remains open year-round, with peak activity during spring, summer, and fall, thanks to its prime location and established clientele.<br> <br> A parking space in the building's communal parking lot is included. The property has dual access from the interior, offering the possibility of a change of use and the option to convert it into one or two residential units, in compliance with current regulations.<br> <br> This property is suitable both for running a hospitality business and as an investment with various usage alternatives in a well-established coastal area.</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.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 26 | - | 839 |
1 1
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Street
Map
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Zona Playa Los Arenales del Sol
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