Central Elche building ideal for investors

Exclusive two-story building located on a quiet pedestrian street in the heart of Elche, one of the citys most dynamic and promising areas.

The property requires a full renovation, representing an excellent opportunity to develop a fully customized project. Due to its strategic location and layout, it is ideal for a residential development project in a very central area of Elche, with high residential demand and all services just steps away.

The building offers multiple possibilities for redistribution and space optimization, allowing the design to be adapted to different housing types according to current market needs. In addition, it features a large terrace, a highly attractive asset in urban environments, perfect for creating private outdoor spaces that significantly increase the projects value.

Its location is unbeatable: just a few steps from Lope de Vega school, supermarkets, restaurants, and local shops, combining the tranquility of a pedestrian street with the convenience of having everything within reach.

This is a particularly attractive property for investors looking to capitalize on an urban asset with high appreciation potential, located in a well-established and fully central area of Elche, where residential demand remains steady. Its strategic location, together with the possibility of developing a complete residential project, makes it an exceptional opportunity to maximize profitability and achieve high medium- and long-term return potential.

1 Real Estate, part of the Property Cloud Group, is a leading international real estate agency on the Costa Blanca, with over 50 years of combined experience in property sales in Spain and over 40 dedicated employees. We are committed to offering a transparent and first-class service to all our clients, whether they are buyers or sellers. From the moment you first contact us, you’ll notice the exceptional level of care and expertise we offer as standard.

At 1 Real Estate, we focus exclusively on properties that are directly listed with us, allowing us to build strong relationships with our suppliers, get to know their homes, and have an in-depth understanding of the areas we serve. With our extensive portfolio of properties, we are confident that we can find the perfect option for your needs.

Make an enquiry today and find out why we stand out as the preferred agent for buyers and sellers in Costa Blanca.

All information detailed on this page, including but not limited to the description, features, and associated costs of the property are accurate to the best of our knowledge but is subject to verification during the purchase process; 1 Real Estate assumes no responsibility for inaccuracies or omissions. The advertised price does not include purchase taxes or associated costs. The purchase of this property may be subject to Property Transfer Tax (ITP) or VAT and Stamp Duty (AJD), depending on the type of property and the buyer’s circumstances. Notary, Land Registry and administrative costs are also not included. The property price does not include buyer agency fees (1% +IVA of the final price, with a minimum of €2000 +IVA). All prices and costs provided are indicative and may vary depending on the specific circumstances of the purchase.