This characterful property in Altea, located on the Costa Blanca, presents significant renovation potential. With 140 m² of living space and a 100 m² plot, the home combines the tranquility of a traditional Spanish finca with the vibrancy of an urban setting. Built in 1970, the house requires modernization but retains authentic features, offering a solid foundation for transformation into a distinctive residence. Priced from €420,000, it is an appealing option for those seeking a project with added value.
Key characteristics of location, homes, project phase and points of attention.
Situated in an urban area of Altea, this property offers direct proximity to coastal amenities. Its location is convenient for beaches, shops, and restaurants, many of which are within walking or cycling distance. The surroundings blend urban dynamism with easy access to the Mediterranean Sea.
This property is suited for buyers looking for a project with the potential to create a personalized home. The space, high ceilings, and outdoor areas offer scope for customization. It appeals to those who prioritize character and value enhancement over immediate move-in comfort.
The property, completed in 1970, is in a state requiring comprehensive renovation. While the structure is intact, significant upgrades and modernization are necessary to meet contemporary living standards. This is not a new development but an existing home with redevelopment potential.
This property is not move-in ready and requires extensive refurbishment. The current finishes and systems are outdated. On-site parking is limited to a 25 m² garage. There is no additional land available for expansion.
This home is suitable for a buyer seeking a renovation project with the ambition to create a distinctive Mediterranean residence. It suits investors who see potential for value addition through modernization or individuals wishing to design their own space while preserving authentic features. Buyers comfortable with renovation work and possessing the time and resources to transform a property will find an excellent foundation here. The Altea location, with amenities nearby and close to the coast, appeals to those who value an active lifestyle but desire the flexibility to shape their living environment according to their preferences.
The 1970s property is characterized by authentic architectural elements, including impressive 4.5-meter high ceilings that enhance the sense of space. The exterior displays Mediterranean features with mature planting. The current finishes are dated and necessitate a complete overhaul. Materials and systems will likely require full replacement to meet contemporary standards for comfort, safety, and energy efficiency. The potential lies in transforming it into a high-quality finish according to the new owner's taste.
The property is offered from €420,000. This price is for a house with 3 bedrooms and 1 bathroom, featuring 140 m² of living space on a 100 m² plot. Built in 1970, it is structurally complete but requires full renovation. The price reflects its current condition and the potential for value increase post-modernization. There are no other units available within this specific property; the price applies to the entire building.
Living in Altea, a city on the Costa Blanca, offers a dynamic Mediterranean lifestyle. With an estimated population of 24,592 residents by 2025 and an urban character, amenities such as 61 restaurants, 6 pharmacies, and 13 banks are plentiful, often within walking distance. The proximity to beaches like Platja de l'Espigó (192 m) and Playa del Bol (567 m) ensures direct access to the coastline. An average annual temperature of 18.9°C and 3,856 hours of sunshine per year encourage an outdoor lifestyle, with a swimming season lasting five months. The elevation of 14 meters above sea level contributes to a pleasant local climate. The location balances urban conveniences with the tranquility of nearby nature, with viewpoints and marinas within easy reach.
Altea, situated on the Costa Blanca, offers an urban coastal living experience with direct access to amenities. The immediate vicinity features a mix of residences and shops, with a supermarket just 155 meters away and a pharmacy at 214 meters. This makes many daily errands easily accessible on foot. Proximity to beaches like Platja de l'Espigó (192 m) and Playa del Bol (567 m) facilitates an active seaside lifestyle. The presence of 61 restaurants and 24 cafes nearby ensures a varied social scene. The house is located 14 meters above sea level, contributing to a pleasant living environment.
This property in Altea is situated in an urban coastal zone, offering direct access to amenities and the beach. The map illustrates its proximity to supermarkets, pharmacies, and various beaches, as well as its location relative to golf courses and marinas. The map highlights the blend of urban convenience and the Mediterranean lifestyle on the Costa Blanca.
Approximate area · exact address shared on request
This project is located in Altea, a municipality on the Costa Blanca in the province of Alicante. Altea lies between the larger towns of Benidorm and Calpe, forming part of a region renowned for its beaches and tourist appeal. Its proximity to major cities like Alicante (47 km) and Valencia (101 km) provides access to urban amenities and cultural events, while its direct coastal position highlights the Mediterranean lifestyle. The area is popular among international buyers, drawn by the climate and recreational opportunities.
Accessibility to amenities is a key advantage: a supermarket (155 m), pharmacy (214 m), and numerous restaurants and cafes are within walking distance. The closest beaches, such as Platja de l'Espigó (192 m) and Playa del Bol (567 m), are also easily reachable. For golf enthusiasts, Altea Club de Golf (3.3 km) and Meliá Villaitana (10 km) are within a reasonable driving distance. Alicante-Elche Airport is approximately 58 km away as the crow flies, and Valencia Airport is about 105 km. While the data mentions a distant Alicante airport (999 km), this is likely an error; the actual distance is considerably shorter. Public transport is available with 4 bus lines and 27 stops in the area, facilitating mobility without a car.
| Beach Distance | 0.8 km |
| Alicante-Elche (ALC) | 58 km |
| Valencia (VLC) | 105 km |
| Olla Altea | 1.5 km |
| Altea | 1.9 km |
Source: OpenStreetMap, Google Maps
Altea enjoys a Mediterranean climate with an average annual temperature of 18.9°C. Boasting a historical average of 3,856 hours of sunshine per year, the region offers ample opportunities for outdoor activities. The swimming season extends for approximately five months when water temperatures remain comfortable. Its location at 14 meters above sea level, with a gentle slope of 1.8% towards the beach, ensures a pleasant and accessible climate. The area observes 32 local holidays annually, indicating a rich cultural calendar. The coastline and nearby natural areas invite exploration.
Source: Open-Meteo (2020, 2025 average)
Altea's coastline offers diverse recreational possibilities, including three Blue Flag beaches: Cap Blanc, El Bol, and La Roda. The nearest beach, Platja del Cap Negret, is just 800 meters away. Other beaches like Platja de l'Espigó (192 m) and Playa del Bol (567 m) are also within short reach. For sports enthusiasts, golf courses such as Altea Club de Golf (3.3 km) and Meliá Villaitana (10 km) are available. Water sports can be enjoyed from the nearby marinas, including Port d'Altea (2.6 km). Additionally, sports centers and swimming pools are located in the vicinity.
Source: Blue Flag 2026, OpenStreetMap
This project is located in Altea, a municipality on the Costa Blanca in the province of Alicante. Altea lies between the larger towns of Benidorm and Calpe, forming part of a region renowned for its beaches and tourist appeal. Its proximity to major cities like Alicante (47 km) and Valencia (101 km) provides access to urban amenities and cultural events, while its direct coastal position highlights the Mediterranean lifestyle. The area is popular among international buyers, drawn by the climate and recreational opportunities.
Altea is a city and municipality located in the Valencian Community, Spain, on the section of Mediterranean coast called the Costa Blanca.
| Month | Avg. Temperature | Rainfall |
|---|---|---|
| January | 11.3°C | 68 mm |
| February | 11.6°C | 41 mm |
| March | 14.1°C | 45 mm |
| April | 16.3°C | 44 mm |
| May | 19.3°C | 43 mm |
| June | 23.6°C | 21 mm |
| July | 26.7°C | 7 mm |
| August | 27.2°C | 10 mm |
| September | 24.1°C | 44 mm |
| October | 19.7°C | 87 mm |
| November | 15.4°C | 76 mm |
| December | 11.9°C | 61 mm |
Flat
Ref: VL581933
Source: Wikipedia, Wikidata, INE, Junta de Andalucía
Compared to projects like APARTMENTS PALANGRE BEACH (from €160,000) and EDIFICIO SUN & CENTER - KEY READY (from €169,000) in Torrevieja, this property is positioned in a higher price bracket, attributable to its type (Finca - Cortijo) and specific location in Altea. Those Torrevieja projects typically involve apartments in new developments, catering to a different market segment. OASIS LAGUNA 2 - PHASE II (from €227,000) in Urbanización El Raso, also a new build, offers apartments and villas but lacks the distinctive character and renovation possibilities of the Altea Finca. The Altea Finca distinguishes itself through its potential for transformation into a distinctive, character-filled home, offering a different value proposition than standardized apartment complexes. Altea itself is known for its charming atmosphere and more exclusive appeal compared to highly tourist-focused destinations like Torrevieja.
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