Description
This investment property in Calpe, in the province of Alicante on the Costa Blanca, occupies a south-facing plot and enjoys unobstructed views of the Mediterranean Sea and the Peñón de Ifach. The usable area is 570 m² and the plot measures 3,000 m². Its position at the entrance to Calpe provides easy access and good connectivity.
The property is currently arranged for multiple uses. It includes spacious lounges formerly operated as a restaurant, a large fully equipped kitchen, three apartments and a basement. Its versatile layout allows it to continue as a commercial property, generate rental income or be transformed into a private residence.
The property offers a total of five bedrooms and three bathrooms. The plot may also be divided, creating several investment possibilities. Part of the land could be separated and sold to finance the renovation of the existing building or the construction of a new home. Another option would be to sell the entire plot together with the house and use the proceeds to build a luxury villa on the undeveloped land. Alternatively, the plot could remain intact and be used to create an exclusive residence with sea views.
A topographic plan has already been prepared, and a preliminary project proposes converting the existing house into a high-end villa. These documents are available upon request.
