We present an exceptional investment opportunity in the heart of Alicante: a real estate asset with enormous tourist potential located right in the centre. This is a building comprising a 462 m² mezzanine, along with a ground floor and basement totalling 962 m², offering a total usable area of 1,424 m².
This property is perfectly designed for transformation into a modern tourist accommodation complex. The planned design includes the creation of 15 to 20 one-bedroom, hotel-style tourist apartments, optimizing every square meter to ensure comfort and functionality. Additionally, the project includes the setup of 80 storage units, a highly demanded added value in the central area.
A key advantage is that the asset has a certificate from the city council confirming its compatibility for use as a Guesthouse or Hostel, providing flexibility and security for the investment. Furthermore, it comes with an existing technical project for the conversion into tourist apartments and storage units, representing significant savings in development time and costs.
Built in 1970 and requiring partial renovation (Ref. 2004), the building already has a lift and access to basic utilities (electricity, water). Its location is unbeatable, surrounded by shops, public transport (buses), schools, hospitals, and shopping centres, in an area with a constant flow of tourists.
This property represents a unique strategic investment in Alicante's tourist accommodation sector, with attractive potential profitability in the short and medium term.