This project in Monóvar, Alicante, presents a substantial opportunity for renovation. With a generous living area of 399 m² spread across 12 rooms and 2 bathrooms, it provides a solid foundation for a significant transformation. Situated in an urban setting, essential amenities such as a supermarket (79 m) and a pharmacy (163 m) are within walking distance, making it a practical base for daily life. The location, 387 meters above sea level, offers a different perspective on the region compared to coastal areas.
Compared to other projects like PROJECT LOLA in Formentera del Segura (€399,000), VILLA ROMA 15 in Finestrat (€4,450,000), and MONSEMAR in La Campaneta (€600,000), this Finca in Monóvar stands out as a project with a significantly lower entry price. The mentioned projects are generally located closer to the coast or in more developed tourist areas, which is reflected in their higher prices. In contrast, the Finca in Monóvar presents an opportunity for those willing to invest in a thorough renovation of an existing property with ample space, situated in a more rural yet urban-oriented environment. The price difference is substantial: €110,000 compared to amounts ranging from hundreds of thousands to millions of euros. This suggests that the Monóvar Finca primarily appeals to a niche market that values the property's inherent potential and the possibility of complete customization, rather than the immediate proximity to beaches and luxury amenities that characterize the higher price brackets.
Key characteristics of location, homes, project phase and points of attention.
The Finca is located inland in Monóvar, a town with a local urban structure where daily amenities are reachable within minutes. While the proximity to conveniences offers a certain comfort, key recreational points such as beaches and golf courses are at a considerable distance (31 km and 16 km respectively).
With 12 rooms and 2 bathrooms, this Finca offers significant flexibility for those seeking a large family home, multiple living units, or a project with rental potential. The space lends itself to diverse layouts, with possibilities for adaptation to modern living standards.
This project involves an existing structure that requires full renovation. There is no new construction; the focus is on repurposing and modernizing the existing spaces. The completion date is dependent on the duration and scope of renovation works undertaken by the buyer.
The project is primarily a renovation challenge and does not offer finished spaces or modern facilities immediately upon purchase. The distance to the coast (31 km) and larger recreational areas may be a limitation for those seeking beach life or water sports. Its inland location means less proximity to international airports compared to properties on the immediate coastline.
This project suits buyers who are not deterred by extensive renovation and are prepared to undertake the challenge of creating a custom-designed home. It offers an opportunity for those looking for a large family residence in the Spanish countryside, or for investors who see potential in dividing the spacious rooms into multiple rental units. The location in an urban area with amenities within walking distance, combined with the tranquility of the inland setting, may appeal to individuals seeking to experience Spanish culture without the constant hustle of the coast. The distance to the beaches (31 km) and Alicante's main airport (approx. 30 km as the crow flies) means this project is less suited for buyers who prioritize immediate proximity to the sea or frequent international travel. It is a choice for those who value stability and space, with the flexibility to adapt the property to specific life stages or investment strategies.
The current state of the Finca necessitates a complete renovation; there is no finished interior or high-end finishes. The 399 m² structure serves as a blank canvas. The Finca's authentic character can be preserved, with potential buyers able to select materials aligned with traditional architecture, such as natural stone, wooden beams, and terracotta tiles. Modernization could focus on improving insulation, installing efficient heating and cooling systems, and updating kitchens and bathrooms. The spaciousness allows for reconfiguring the layout, such as creating open-plan living areas or integrating modern features like en-suite bathrooms. The 332 m² outdoor space offers opportunities for landscaping a garden or installing a swimming pool, subject to permits and renovation plans.
The asking price for this renovation project in Monóvar, Alicante, is €110,000. This price is for the existing property with 12 rooms and 2 bathrooms, situated on a 332 m² plot. The substantial living area of 399 m² suggests a relatively low price per square meter, typical for properties requiring significant renovation investment. Currently, one unit is available: the Finca itself. Additional costs related to renovation, permits, and any supplementary works are not included in this price and must be budgeted separately by the buyer.
Monóvar is a municipality located inland in the province of Alicante, part of the Vinalopó Mitjà region. With an area of 152 km² and an elevation of 387 meters above sea level, it offers a different living environment than coastal areas. The average annual temperature is around 17.0°C, with historically 3,845 hours of sunshine per year, indicating a predominantly sunny climate. The swimming season, defined by water temperatures of at least 20°C, lasts approximately 4 months. The surroundings are characterized by vineyards and countryside, contributing to a more tranquil pace compared to the busier coastal strips. Within a 2 km radius, various local amenities are available, including restaurants, pharmacies, and banks, supporting practical daily living. The presence of 9 public transport lines and proximity to train stations like Monóvar (2.1 km) aid accessibility, although a car remains useful for many journeys.
Monóvar, situated at an altitude of 387 meters, offers a different pace of life compared to coastal areas. Amenities are within walking distance, with a supermarket just 79 meters away and a pharmacy at 163 meters. This fosters a local daily routine where many needs can be met within the immediate vicinity. The larger city of Elda, offering more shopping and recreational options such as sports centers, is approximately 3.4 km away. The province has a median income of €15,750, indicating a region with a traditional economic base. The 32 local holidays per year contribute to the cultural richness and opportunities to participate in local traditions. The surrounding area, featuring vineyards and countryside, invites activities like hiking, though direct proximity to extensive natural parks is not specified.
This property is located in Monóvar, a municipality in the interior of the province of Alicante. The map shows its position relative to surrounding towns and the coastline. Its inland location, further from the Mediterranean Sea, influences access to beaches and the nature of the local climate and environment.
Monóvar is situated in the interior of the Alicante province, associated with the Vinalopó Mitjà region. It lies a distance from the Costa Blanca coastline, lending a different character to the living environment. The town is surrounded by vineyards and agricultural land, contrasting with the more tourist-developed coastal strips. Its proximity to towns like Elda (3.4 km) and Novelda (6.2 km) provides local urban centers for additional amenities and services. The distance to the provincial capital Alicante (approx. 30 km as the crow flies) and its international airport is manageable, making the region accessible from a European perspective. However, the primary experience is that of the Spanish interior.
Accessibility in Monóvar is primarily geared towards private transport, although the proximity of amenities like the supermarket (79 m) and pharmacy (163 m) reduces the necessity of a car for daily errands. Larger urban centers such as Elda are reachable within 3.4 km. The greater distance to Alicante-Elche Airport (approx. 30 km as the crow flies) and the beaches (31 km) means these destinations require a drive of at least 30-40 minutes. Public transport is available with 9 bus lines and train stations in Monóvar (2.1 km) and Elda-Petrer (6.5 km), offering connections to surrounding towns. For EV owners, the nearest charging station is 11 km away.
| Alicante-Elche (ALC) | 30 km |
| Valencia (VLC) | 121 km |
Source: OpenStreetMap, Google Maps
Monóvar experiences a Mediterranean climate with inland influences. The average annual temperature is 17.0°C, with temperatures ranging between 9°C and 26°C throughout the year. Sunshine hours historically total 3,845 per year, indicating a sunny location. The swimming season, defined by water temperatures of 20°C or higher, lasts approximately 4 months. Its elevation of 387 meters above sea level may result in slightly milder summers and cooler winters than the coast. The environment is surrounded by agricultural land, predominantly vineyards, shaping the natural character of the area. There are no direct mentions of large nature parks or protected areas in close proximity, but the rural setting offers opportunities for quiet outdoor activities.
Source: Open-Meteo (2020–2025 average)
The nearest beaches, such as Cala El Palmeral, Platja de Sant Gabriel, and Cala de Agua Amarga, are located 31 km away as the crow flies. This implies a travel time of at least 30-40 minutes to reach the coast. For golf enthusiasts, options like Font del Llop Golf Resort and Club de Golf Alenda are available 16 km away. Other sports facilities, including sports centers and padel clubs, can be found in nearby towns like Elda (3.4 km). The immediate vicinity of Monóvar primarily offers the tranquility of the inland, with opportunities for walking in the agricultural landscape. Large-scale recreation such as sea-based water sports is not directly accessible from this location.
Source: OpenStreetMap
Monóvar is situated in the interior of the Alicante province, associated with the Vinalopó Mitjà region. It lies a distance from the Costa Blanca coastline, lending a different character to the living environment. The town is surrounded by vineyards and agricultural land, contrasting with the more tourist-developed coastal strips. Its proximity to towns like Elda (3.4 km) and Novelda (6.2 km) provides local urban centers for additional amenities and services. The distance to the provincial capital Alicante (approx. 30 km as the crow flies) and its international airport is manageable, making the region accessible from a European perspective. However, the primary experience is that of the Spanish interior.
Monòver is a municipality in the comarca of Vinalopó Mitjà in the Valencian Community, Spain.
| Month | Avg. Temperature | Rainfall |
|---|---|---|
| January | 8.9°C | 33 mm |
| February | 9.5°C | 26 mm |
| March | 12.4°C | 35 mm |
| April | 14.9°C | 38 mm |
| May | 18.0°C | 41 mm |
| June | 22.5°C | 20 mm |
| July | 25.7°C | 5 mm |
| August | 25.9°C | 7 mm |
| September | 22.3°C | 33 mm |
| October | 17.6°C | 45 mm |
| November | 12.9°C | 37 mm |
| December | 9.3°C | 30 mm |
Ref: VL337584
Source: Wikipedia, Wikidata, INE, Junta de Andalucía
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 helps buyers find the right home. 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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