Premium Development Plot with Project Potential for 15 Units — No Agency Fees (€820,000)
An exceptional investment opportunity to acquire a prime vacant urban development land parcel strategically located within a high-demand residential zone of Javea Old Town. The site boasts a highly lucrative dual-street connectivity profile featuring both a high-visibility primary avenue frontage and a dedicated rear access thoroughfare. The plot is entirely clear, level and unencumbered, guaranteeing €0 demolition overheads so a builder can initiate excavation immediately upon licensing.
Dual Monetization Potential (Rental Yield or Capital Flip)
Once built out, this boutique project is perfectly optimized for two premium exit strategies:
- High-Yield Build-to-Rent Model: Due to Javea’s massive year-round and seasonal housing demand, the 15 residences paired with the commercial premises offer an exceptional, steady long-term annual rental income stream.
- Flagship Capital Sale: Alternatively, the diverse asset mix and premium penthouses provide developers with outstanding profit margins and strong capital gains potential upon a full-scale residential portfolio liquidation.
Zoning Profile & Building Potential
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The plot is classified as fully consolidated urban land, allowing for a high-density, multi-family residential block. To demonstrate the maximum volume achievable under local zoning guidelines, the sale includes a complete historical architectural feasibility study (Proyecto Básico) mapped across the 684 m² registry footprint (572 m² net architectural design matrix after formal land cession and municipal public setbacks):
- Residential Capacity (15 Units): A balanced, high-spec mix of urban studios, 1, 2, and 3-bedroom apartments, along with 3 multi-level architectural crown-jewel duplex penthouses featuring private sun terraces up to 61 m².
- Commercial Integration: Includes a ground-floor structural footprint engineered for 2 large high-exposure retail or professional office storefronts totaling ~480 m² (inclusive of connected basement storage space).
- Subterranean Parking Yield: The site allows for a dual-level basement layout mapping out 23 secure underground parking garages and 23 trasteros (8 additional spaces for additional income).
Logistical & Structural Efficiency Highlights
- Dual-Street Connectivity Logistics: The parallel front-and-back street access borders a natural ground gradient. The building’s section profile utilizes this slope seamlessly, allowing vehicle ingress to sit level with the lower rear road to optimize traffic flow and drastically reduce heavy rock excavation depths.
- Low-Overhead Engineering: The configuration splits the building volume into two blocks connected by an open-air central sky-bridge, enabling all floors to be fully serviced by a single elevator core to minimize initial capital construction outlays and long-term community upkeep costs.
Licensing, Council Status & Modern Compliance
While the historical building permit has lapsed, the owner has recently held a direct meeting with the local council (Ayuntamiento) regarding the site. The council has formally reviewed the profile and indicated that executing a renewal for project approval will not likely be a major issue.
Any fresh submission will simply require standard modern updates to meet current building codes, such as sustainable features like solar panels and upgraded eco-efficiency metrics. The asking price of €820,000 explicitly accounts for this status, providing immediate equity potential for a developer upon completing the permit update process.
Acquisition Terms
Offered firmly at €820,000 – Direct from Owner. Boundary site maps, specific surface validation sheets and historical baseline documentation are available for review by qualified buyers’ engineering teams.
For further information or to schedule a viewing of the plot, please contact us. NO AGENCIES PLEASE
