Commercial Property 383 M² In Torrevieja, Spain

Property Overview

This listing features an entire building located in the central area of Torrevieja. The property consists of two floors along with a solarium terrace. One of the key aspects of this building is the potential for constructing a setback penthouse, offering additional options for expansion or customization. The ground floor includes a garage, which can be converted into commercial premises, making it suitable for various business activities.

Location Insights

The building is situated just a few meters from the new marina in Torrevieja. This location is advantageous for both residential and commercial purposes. Being centrally located means easy access to local amenities, including shops, restaurants, and recreational facilities. The marina area often attracts visitors and residents alike, further enhancing the property’s appeal for potential investments.

Investment Potential

Building Features

The structure itself offers two well-defined floors, allowing for various layout configurations. The solarium terrace provides extra outdoor space, which can be utilized for various purposes, such as leisure or additional commercial activities. With the proper approvals, the addition of a penthouse can enhance the overall value and functionality of the building. These features position the property as a versatile asset in a growing market.

Local Market Trends

The real estate market in Torrevieja has shown growth, particularly in areas close to the marina. The ongoing developments in the area, including improved infrastructure and attractions, contribute to increasing property values. Investors looking for opportunities in Torrevieja should consider properties that not only provide immediate benefits but also potential for long-term appreciation.

Possible Uses for the Building

The property can serve multiple functions, depending on the buyers’ interests. For residential purposes, it offers ample space for a family home or could be segmented into apartments. For commercial interest, the ground floor is well-suited for retail or service-oriented businesses, effectively capitalizing on foot traffic from the proximity to the marina. This flexibility can meet both residential and commercial market demands.

Regulatory Considerations

Before any renovation or development, prospective buyers should conduct thorough research regarding local zoning regulations. Understanding what can be built and any necessary permits will be essential to effectively utilize the property. Engaging with local authorities or real estate professionals can provide insights into the best path forward, especially for any construction related to the penthouse or commercial conversions.

Final Thoughts

The availability of this whole building in such a strategic location presents an interesting opportunity for investors or business owners. The combination of residential and commercial potential, along with the benefits of being near the marina, positions this property as a significant asset in the Torrevieja area. Prospective buyers are encouraged to explore this unique offering, keeping in mind its versatile applications in an evolving market.