This fully completed commercial property, located in the established Altozano district of Alicante, presents an attractive investment opportunity. With a gross floor area of 403 m², the building is immediately available for rental. Its strategic urban location with amenities within walking distance, combined with the flexibility of its layout, makes this asset an interesting option for investors seeking stable returns in the Spanish property market.
Key characteristics of location, homes, project phase and points of attention.
The property is situated in Altozano, a district of Alicante with an urban character. Amenities such as shops, pharmacies, and dining establishments are within walking distance, ensuring a practical daily living environment. The proximity to various sports facilities and cultural attractions adds to the appeal of the immediate surroundings.
This asset is primarily designed as an investment property for rental purposes. The current configuration offers potential for multiple residential units, allowing for flexibility in the operational strategy. The presence of an elevator and a shared rooftop terrace are features that can enhance its rental appeal.
The property is a new construction and is fully completed, making it immediately ready for rental activities. The building comprises four residential floors, a shared rooftop terrace, and a basement with storage rooms. This guarantees a modern construction standard and minimal short-term maintenance requirements.
This asset is primarily intended for commercial operation and rental. It is not a detached residential house and does not offer direct access to private gardens. Although amenities are within walking distance, owning a car is recommended for certain activities, such as longer trips to the coast or golf courses.
This property is a suitable choice for investors specifically looking for a commercial real estate asset with rental income potential in an urban setting. It aligns with a strategy where the building is acquired for immediate operation, offering flexible options for optimizing occupancy. Consider an investor who manages and rents out the property to various households, potentially focusing on long-term rentals or a combination of rental formulas. The location in Alicante, a city with a significant population and tourist appeal, provides a stable demand market. The property is also interesting for parties looking to expand an existing real estate portfolio with an asset that can generate substantial rental yields, where the option for reconfiguration is an added advantage for maximizing revenue.
The property is a new construction, adhering to modern building standards. The architecture focuses on functionality and efficiency, with a layout optimized for rental appeal. Each of the four apartments features a living room with a kitchenette, two bedrooms, and two bathrooms, providing a comfortable living space for tenants. The usable area per apartment ranges from 50 to 57 m², complemented by a private terrace of 7 to 8.4 m². Common areas include an elevator for easy access to all floors and a shared rooftop terrace offering additional outdoor space. The basement level is equipped with storage rooms, a practical addition to the residential units. The finishes are of a neutral, modern standard, suitable for the rental market, emphasizing durability and ease of maintenance.
The commercial property in Alicante is listed for €1,000,000. The property is immediately available and fully completed, ready for rental operations. Given the building's nature, with a usable residential area of 403 m² spread across four floors plus a basement and rooftop terrace, the pricing is linked to potential rental income and investment value. The current configuration of four apartments, each with two bedrooms and two bathrooms, provides a starting point for exploitation. An alternative strategy to reconfigure the property into eight studio apartments could increase the potential yield. Annual ownership costs, such as IBI (property tax) and waste collection fees, amount to approximately €1,188.22 and €462, respectively.
This commercial property is located in the urban core of Alicante, specifically in the Altozano district. The area is characterized by a high concentration of daily amenities, with a supermarket just 162 meters away and a pharmacy at 83 meters. Restaurants and cafes are also abundant within a 2-kilometer radius, indicating a dynamic living environment where most daily necessities are reachable on foot. The presence of several sports centers and the proximity to the city center reinforce its urban character. Although the property itself is commercial, the neighborhood is geared towards a mix of residential and urban activity. The property is designed for rental purposes, meaning it can generate a stable income stream for investors. Its proximity to public transport, with 50 bus lines and stops, provides residents and tenants with excellent mobility options within the city.
The location in the Altozano district of Alicante offers a lifestyle with the benefits of urban proximity. Amenities like a pharmacy (83 m) and a supermarket (162 m) are immediately accessible, simplifying daily life. The urban environment is further enhanced by a wide selection of restaurants (261 within 2 km) and cafes, ensuring a vibrant atmosphere. For recreation, several sports centers are nearby, including a martial arts center at 0.6 km and a sports complex with swimming pools at 1 km. Alicante's city center, with cultural attractions such as Mirador del Castillo (1.0 km), is easily reachable. The presence of 50 public transport lines and stops makes mobility within the city efficient, even without a car. The relative proximity to the coast, with beaches approximately 2 kilometers away, offers opportunities for seaside relaxation.
This project is situated in Alicante, a vibrant coastal city in the province of the same name. The map displays the urban environment of the project, highlighting its proximity to daily amenities, sports centers, and the city center. It also shows the relative distance to the coastline and major roads, providing insight into accessibility and the living environment.
Alicante is the capital of its namesake province in the Valencian Community and is a historic port city on the Mediterranean Sea. It is the second-largest city in the region and a significant economic and tourist hub. The city is strategically located on the Costa Blanca, a popular coastline known for its beaches and climate. Its position in Alicante offers direct access to the amenities of a major city, while surrounding areas like the mountains or smaller coastal towns are easily accessible for landscape and activity variety. The city serves as a transport hub, with an international airport and high-speed rail connections.
The property is favorably located in relation to various urban amenities. There are 50 public transport lines and stops in the immediate vicinity, ensuring excellent connections within Alicante. A private car is useful but not strictly necessary for all daily needs. The nearest beaches, such as Platja del Cocó, are approximately 2.1 km away (as the crow flies). For golfers, several courses are within reach: Club de Golf El Plantío at 6.1 km, Club de Golf Bonalba at 11 km, and Club de Golf Alenda at 15 km. Alicante-Elche Airport (ALC) is located approximately 9 km away (as the crow flies), ensuring reasonable accessibility for international travelers. Alicante's central train stations, including Alacant Terminal, are 0.5 km away, facilitating connections to other Spanish cities.
| Beach Distance | 2.1 km |
| Alicante-Elche (ALC) | 9 km |
| Valencia (VLC) | 127 km |
| Luceros | 0 km |
| Mercado | 0.5 km |
Source: OpenStreetMap, Google Maps
Alicante enjoys a Mediterranean climate with an average annual temperature of 19.0°C. The area boasts 3,873 hours of sunshine per year, resulting in a long swimming season of approximately 5 months, during which the sea temperature remains comfortable. The property itself is situated at an elevation of 37 meters above sea level, and the slope towards the nearest beach, Platja del Cocó (2.1 km as the crow flies), is very gentle at 1.5%. This makes access to the coast pleasant. The weather conditions are characterized by mild winters and warm, dry summers, with temperatures typically ranging between 11°C and 26°C throughout the year, contributing to an attractive living climate.
Source: Open-Meteo (2020–2025 average)
The property is located in an urban area with relatively short distances to the coast. The nearest beaches, Platja del Cocó, Cala de la Sangueta, and Platja de Sant Gabriel, are situated between 2.1 and 2.5 km away (as the crow flies). Alicante has four Blue Flag beaches, including Postiguet and Saladar-Urbanova, which are nearby. For sports enthusiasts, various facilities are available: sports centers like Artes Marciales Alicante (0.6 km) and Complejo de Piscinas Monte Tossal (1.0 km) are in close proximity. Golfing opportunities are also good, with Club de Golf El Plantío being the closest option at 6.1 km. The presence of marinas such as Marina Alicante (1.0 km) also offers water-based recreational activities.
Source: Blue Flag 2026, OpenStreetMap
Alicante is the capital of its namesake province in the Valencian Community and is a historic port city on the Mediterranean Sea. It is the second-largest city in the region and a significant economic and tourist hub. The city is strategically located on the Costa Blanca, a popular coastline known for its beaches and climate. Its position in Alicante offers direct access to the amenities of a major city, while surrounding areas like the mountains or smaller coastal towns are easily accessible for landscape and activity variety. The city serves as a transport hub, with an international airport and high-speed rail connections.
Alicante or Alacant is a city and municipality in the Valencian Community, Spain. It is the capital of the province of Alicante and a historic Mediterranean port. With a population of 358,608 as of 2024, it is the 2nd-largest city in the Valencian Community and the 10th-largest in Spain.
| Month | Avg. Temperature | Rainfall |
|---|---|---|
| January | 11.2°C | 44 mm |
| February | 11.5°C | 30 mm |
| March | 14.0°C | 39 mm |
| April | 16.1°C | 44 mm |
| May | 18.9°C | 46 mm |
| June | 23.0°C | 22 mm |
| July | 26.0°C | 6 mm |
| August | 26.5°C | 7 mm |
| September | 23.6°C | 39 mm |
| October | 19.4°C | 58 mm |
| November | 15.2°C | 47 mm |
| December | 11.8°C | 39 mm |
Flat
Ref: VL918579
Source: Wikipedia, Wikidata, INE, Junta de Andalucía
The commercial property in Alicante positions itself as a ready-to-operate investment focused on immediate rental income. Compared to projects like ICONIC in Gran Alacant (from €355,000) and LAS COLINAS in Pedreguer (from €529,000), which are likely more geared towards residential sales with a lifestyle component, this property offers a different investment horizon. The asking price of €1,000,000 for 403 m² of built area, with the flexibility to potentially double the yield through reconfiguration, sets it apart from projects primarily aimed at individual sales. SPEC VILLA 148 - MONTE SOLANA in Pedreguer (from €845,000) represents a higher segment of individual villas. In contrast, this property in Alicante is a structured investment within an urban setting, benefiting from the logistics of an established city like Alicante, rather than the more resort- or exclusive-community-focused projects in Pedreguer or Gran Alacant. Its immediate proximity to amenities, public transport, and urban infrastructure makes it a more practical option for investors seeking stability and manageability, versus the more lifestyle-driven coastal projects.
Maiko is a real estate expert specializing in the Spanish property market. With in-depth knowledge of the Costa del Sol, Costa Blanca, and other popular coastal regions, he assists buyers in finding the right property. He analyzes offerings based on location, market value, build quality, and livability, providing honest, data-driven advice throughout the entire purchase process.
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