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Investment Highlights

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

Executive Summary

Residential building located in the urban center of the town of Novelda, in the province of Alicante. It has 725 m2 of built area distributed over 4 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 -
  • 1,184 SF
  • Retail
  • $80,203 ($67.74/SF)
  • -
Sale Type Investment or Owner User
Description
Commercial space located near the Mercado de Abastos and the Colegio Oratorio, an area with constant activity and various nearby services. The property features a façade of approximately 4.5 meters and an interior height of 3.5 meters. The space is completely open, allowing for flexible layout options based on the needs of its future use.
Sale Notes
The premises include a bathroom and already have flooring, finished walls, plumbing, electrical installation, and a ceiling, significantly reducing the initial investment required for its setup. These features make it easier to adapt the space to various activities without the need for major renovations.

Due to its dimensions and open layout, it could be suitable for establishing an office, a small retail store, or any other professional activity requiring a functional and adaptable space. Installing storefront windows on the facade could enhance the establishment's exterior visibility.

The surrounding area offers a variety of services such as dental offices, a supermarket, a bar, and a workshop, contributing to a steady flow of people and providing a well-established urban context for the development of different activities.
Unit Unit Size Condo Use Price NOI
Unit - 1,184 SF Retail $80,203 ($67.74/SF) -

Unit -

Unit Size
1,184 SF
Condo Use
Retail
Price
$80,203 ($67.74/SF)
NOI
-

Unit -

Unit Size 1,184 SF
Condo Use Retail
Price $80,203 ($67.74/SF)
NOI -
Sale Type Investment or Owner User
Description
Commercial space located near the Mercado de Abastos and the Colegio Oratorio, an area with constant activity and various nearby services. The property features a fa&#231;ade of approximately 4.5 meters and an interior height of 3.5 meters. The space is completely open, allowing for flexible layout options based on the needs of its future use.</li></ul>
Sale Notes
The premises include a bathroom and already have flooring, finished walls, plumbing, electrical installation, and a ceiling, significantly reducing the initial investment required for its setup. These features make it easier to adapt the space to various activities without the need for major renovations.<br> <br> Due to its dimensions and open layout, it could be suitable for establishing an office, a small retail store, or any other professional activity requiring a functional and adaptable space. Installing storefront windows on the facade could enhance the establishment&#39;s exterior visibility.<br> <br> The surrounding area offers a variety of services such as dental offices, a supermarket, a bar, and a workshop, contributing to a steady flow of people and providing a well-established urban context for the development of different activities.</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 < 15,000 SF
Property Type Multifamily (Condo)
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Building Class C
Floors 4
Year Built 1980 - 1989

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 6 - 1,108
  • Listing ID: 38562316

  • Date on Market: 11/25/2025

  • Last Updated:

  • Address: Novelda, Alicante 03660

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