This property in Monóvar, Alicante, presents an exceptional renovation opportunity. Originally configured as a garage or commercial space, it requires a change of use permit from local authorities to be converted into a residential dwelling. There are currently no utility connections. With a living area of 90 m² and 2 bathrooms, located in an area with amenities within walking distance, this is a project with significant potential for both personal use and investment.
Compared to apartment complexes like APARTMENTS PALANGRE BEACH (€155,000) and EDIFICIO SUN & CENTER (€169,000) in Torrevieja, or OASIS LAGUNA 2 (€225,000) in Urbanización El Raso, this property positions itself as a significantly more affordable entry into the Alicante region's property market. The price of €45,000 is indicative of a project requiring extensive renovation and a change of use to become habitable. The aforementioned projects in Torrevieja and El Raso typically involve new constructions or fully renovated apartments with modern amenities, targeting a different buyer profile seeking immediate occupancy and primary proximity to the coast. This property in Monóvar, conversely, attracts buyers willing to invest in customization and transformation, possibly seeking a more authentic Spanish experience inland, while retaining relatively short distances to the coast and amenities.
Key characteristics of location, homes, project phase and points of attention.
The property is situated in Monóvar, a town in the province of Alicante known for its historical charm and wine-growing traditions. The proximity of various amenities, including a supermarket 67 meters away and a pharmacy at 49 meters, enhances the living comfort. The project is located in an urban environment.
This space serves as a blank canvas, ideal for those looking to create a home to their own design. The possibility exists to transform it into a spacious family home or two separate studio apartments. This, however, requires approval from local authorities for the change of use.
The property is currently in a condition that requires extensive renovation. It is not a new construction but an existing structure with redevelopment potential. The construction phase is complete; the next step is transformation through a comprehensive renovation.
The property currently has no electricity or water connections. A key limitation is the need for a change of use permit from commercial/garage to residential use, approved by the local government. There are no existing residential amenities such as kitchens or bathrooms installed.
This project is suitable for investors seeking a renovation project with potential for value appreciation in an authentic Spanish region. It also appeals to buyers who wish to create a home to their own specifications, with the freedom to fully determine the layout and finishes. Individuals interested in local culture, history, and outdoor living, and who are prepared to invest in creating their own living space, will find their niche here. The requirement for a change of use permit and the absence of utilities make the project less suitable for buyers looking to move in immediately without further work.
The current state of the property necessitates a complete overhaul of its finishes. As a former garage or commercial space, there is currently no finished residential quality. A future renovation offers the opportunity to select materials and finishes that meet modern living standards and personal preferences. The property provides a solid base structure that can serve as a starting point for a high-quality transformation. The final quality and finishes will entirely depend on the choices and investments made by the new owner.
This renovation project is available starting from €45,000. The property has a living area of 90 m² and holds the potential for 2 bedrooms and 2 bathrooms upon completion of renovations. The pricing reflects the current condition, which requires significant investment in renovation and change of use. There are currently no other similar properties of this type directly available in Monóvar offering such a renovation opportunity at this entry price point.
Monóvar, located in the comarca of Vinalopó Mitjà, offers an authentic Spanish lifestyle with an average annual temperature of 17.0°C and 3,845 hours of sunshine per year. Its elevation of 387 meters above sea level provides a temperate climate, with temperatures ranging between 9°C and 26°C. The immediate vicinity boasts essential amenities such as restaurants, pharmacies, and banks within 2 kilometers. The proximity to sports centers and the region's historical context contribute to its liveability. This project positions itself as an opportunity for those wishing to create a home in an environment that combines both tranquility and urban convenience, with an emphasis on the local culture and traditions of the Alicante region.
Life in Monóvar is characterized by the tranquility of a historic town combined with urban amenities. Within walking distance, you'll find a supermarket (67 m) and a pharmacy (49 m), making daily life convenient. Restaurants (6 within a 2km radius) and cafes offer social and culinary options. Although Alicante Airport is approximately 30 km away as the crow flies, the immediate area is focused on daily comfort. The elevation of 387 meters contributes to a pleasant climate. The presence of 9 public transport lines suggests reasonable connectivity within the region, although a car would likely be desirable for broader exploration.
This property is located in Monóvar, an inland town in the province of Alicante. The location is characterized by its proximity to both coastlines and urban centers, offering a balance between tranquility and accessibility to amenities and recreation.
Monóvar is located inland in the province of Alicante, yet benefits from its proximity to the coast, with beaches less than 2 km away as the crow flies. The town is situated in the Vinalopó Mitjà region, an area known for its historic villages and wine production. The distance to the provincial capital, Alicante (approx. 30 km as the crow flies, 35 minutes travel time according to external sources), ensures good connectivity to urban amenities and the international airport. This positions Monóvar as a relatively tranquil location with good access to the dynamics of the Costa Blanca.
The accessibility of this property in Monóvar is functional for daily needs. Essential amenities such as a supermarket and pharmacy are within walking distance. Larger medical facilities are located 1.2 km away. The nearest beaches, such as Platja del Cocó, are approximately 1.8 km away as the crow flies. For golfers, there are several courses within driving distance, with Club de Golf El Plantío being 6.3 km away as the crow flies. An EV charging station is available 240 meters away.
| Alicante-Elche (ALC) | 30 km |
| Valencia (VLC) | 121 km |
Source: OpenStreetMap, Google Maps
Monóvar is situated at an altitude of 387 meters above sea level, contributing to a temperate climate with average temperatures ranging between 9°C and 26°C, and an annual average of 17.0°C. With historically 3,845 hours of sunshine per year and a swimming season of 4 months (water temperature ≥20°C), the region offers many opportunities for outdoor activities. The landscape is characterized by vineyards, indicating an agricultural setting that may appeal to nature enthusiasts. The proximity to the coast (approx. 1.8 km as the crow flies) also brings maritime influences.
Source: Open-Meteo (2020–2025 average)
The proximity to the coastline is a significant feature, with beaches such as Platja del Cocó just 1.8 km away as the crow flies. Other coves like Cala de la Sangueta (2.0 km) and Platja de Sant Gabriel (2.7 km) are also within easy reach. For sports enthusiasts, golf courses like Club de Golf El Plantío are 6.3 km away as the crow flies. Additionally, local sports centers like Energy Pádel Elda are located 3.4 km away, offering various recreational options in the immediate vicinity.
Source: OpenStreetMap
Monóvar is located inland in the province of Alicante, yet benefits from its proximity to the coast, with beaches less than 2 km away as the crow flies. The town is situated in the Vinalopó Mitjà region, an area known for its historic villages and wine production. The distance to the provincial capital, Alicante (approx. 30 km as the crow flies, 35 minutes travel time according to external sources), ensures good connectivity to urban amenities and the international airport. This positions Monóvar as a relatively tranquil location with good access to the dynamics of the Costa Blanca.
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: VL104110
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 property. He analyzes listings based on location, market value, build quality, and liveability, providing honest, data-driven advice throughout the entire purchase process.
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