$4,627,599

Unique Investment In Alfaz Del Pi: Building With Expansion Option And Multiple Uses

  • 45 Beds
  • 45 Baths
  • 58,298 Sqft
  • 1.62 Ac lot
  • Updated: August 7
  • 1
    Views for last 30 days
  • 1

About the Property

A building with great versatility and potential is offered for sale in Alfaz del Pi, in the heart of the Costa Blanca. Its strategic location, just five kilometres from Benidorm and forty from Alicante International Airport, makes it a highly attractive investment. In addition, its proximity to towns such as Albir, Altea, Calpe and Vila Joiosa, together with an exceptional climate of more than 300
A building with great versatility and potential is offered for sale in Alfaz del Pi, in the heart of the Costa Blanca. Its strategic location, just five kilometres from Benidorm and forty from Alicante International Airport, makes it a highly attractive investment. In addition, its proximity to towns such as Albir, Altea, Calpe and Vila Joiosa, together with an exceptional climate of more than 300 days of sunshine per year, ensures constant demand both for tourism and for medium- and long-term stays. Alfaz del Pi also has a large international community that further enhances the property’s appeal for tourism and residential projects.

The building stands on a plot of 6,531 square metres and has 3,416.14 square metres built, of which 2,443.86 square metres are currently in use. There is the possibility of expanding by up to an additional 3,000 square metres, opening the door to larger projects and allowing the property to be adapted to different business concepts. The current layout is organised into three blocks. The first consists of two floors, with common areas on the ground floor such as reception, dining rooms and multipurpose rooms, while the upper floor houses five apartments with terraces, perfect to be converted into superior suites or units for staff. The second block, on the ground floor, has twenty-five rooms, all with private bathrooms and kitchen which facilitates its immediate adaptation for hotel use or room rentals. In its basement are the parking area, storage rooms and laundry facilities, adding great functionality to the operation. The third block is made up of ten independent bungalows with direct access from the street; eight of them have two bedrooms and two have one, offering more exclusive and private accommodation options that can be used as boutique hotel suites, tourist apartments or residential units.

The exterior areas of the building include gardens, swimming pool, gym, barbecue area, parking and multipurpose spaces, providing an attractive environment with great added value for future guests or residents. This combination of facilities, together with the possibility of expansion, allows the creation of a tailor-made accommodation project, whether it be a traditional hotel, a boutique hotel focused on exclusivity, an aparthotel with capacity for short and long stays, or even a hotel specialised in active retirees, a concept increasingly in demand on the Costa Blanca, offering quality accommodation and services adapted to independent seniors without the need for medical facilities.

In short, this building meets all the conditions to become a reference project on the Costa Blanca. Its strategic location, large built area, versatile layout and growth potential make it a unique investment opportunity, ideal for hotel operators and investors looking for a solid asset with high profitability in one of the most attractive and dynamic destinations in the Mediterranean.
  • Property type

    House

  • Year built

    2002

  • Price/sqft

    $79

Features

  • Garden
  • Pool
  • Terrace
  • Fireplace
  • Tennis Court
  • Elevator
  • Fitness Center / Gym
  • Mountain View
  • Investment Property
Features

Lot

  • Mountain View
  • Investment Property

Indoor

  • Fireplace
  • Air Conditioning
  • Kitchen island
  • Gas Stovetop
  • Laundry Room
  • Elevator
  • Basement
  • Stone Countertops
  • Fitness Center / Gym

Outdoor

Explore the Area

Avinguda Poeta Miguel Hernandez, l'Alfas del Pi, Valencian Community, Spain View on Google Maps
Price per sqft
Low
High

View 300 more listings in l'Alfas del Pi

CENTURY 21 Evolution

Joined 4 years ago
Your message
You have inquired about this property

The agent will contact you soon by

Listed by

CENTURY 21 Evolution
Portugal
View agency profile
54
Listings
2022
Joined

Book home tour with the agent

Choose a date and whether you'd like a virtual or in-person tour with the agent.

In-person tour
Preferred date
Tour type
CENTURY 21 Evolution
Alicante, Portugal
View agency profile
Last updated
August 7
First listed
Jan 5, 2025
Listing reference
C0138-00552
Call

Start phone call with:

Hello, I’m calling for the property with the reference C0138-00552, which I discovered on JamesEdition.

After the call, we'll provide your contacts to the agent for easy communication.