Urban plot of 323m² for sale in Torrevieja for €699,999. Located in the exclusive Acequión district, building permission allows construction up to 2,500m² distributed across basements, commercial/residential ground floor and five additional floors with penthouses and terraces.
This exceptional 323m² urban plot is situated in one of Torrevieja's most sought-after locations, the Acequión neighborhood. The property offers a unique real estate development opportunity with building potential up to 2,500m², representing a strategic investment in the Spanish Mediterranean market.
Urban planning regulations permit construction of a multi-story building with versatile distribution: two basement levels for storage and garages, adaptable ground floor for commercial or residential use, and five upper floors culminating in penthouses with spacious terraces and solarium areas. This configuration maximizes plot utilization and profitability potential.
The plot has all urban services connected and demolition process already completed, facilitating immediate commencement of construction procedures. Its orientation and dimensions allow designing bright spaces with multiple layout options, adapting to current Torrevieja market demands and modern living standards.
The Acequión location combines residential tranquility with proximity to the city center and beaches. This area of Torrevieja, on the Costa Blanca, is characterized by sustained development and growing demand from both permanent residents and international investors, establishing itself as one of the city's most promising areas for future growth.
Living in Acequión means enjoying authentic Mediterranean lifestyle in one of Torrevieja's most select areas. This neighborhood stands out for its peaceful residential atmosphere, wide tree-lined avenues and immediate proximity to Station Park, the city's green lung. Residents enjoy pedestrian access to the commercial and administrative center, while Acequión and Los Náufragos beaches are just minutes away on foot. The area boasts excellent dining options, from traditional chiringuitos to international cuisine restaurants. The Mediterranean climate, with over 300 sunny days annually, favors outdoor living year-round. This plot allows developing a residential project that leverages these advantages, creating living spaces that integrate modern comfort with relaxed coastal lifestyle. Connection to Alicante airport in just 45 minutes facilitates international connectivity for residents and visitors.
This plot represents an exceptional investment opportunity in Costa Blanca's real estate sector. The 2,500m² building potential in a premium Torrevieja location guarantees multiple profitability options, from residential development to mixed commercial-residential projects. New housing demand in Acequión maintains upward trends, with sale prices ranging €2,500-3,200 per m² depending on typology and finishes. Properties with terraces and solarium in this area generate tourist rental yields of 6-8% annually. The strategic location near the park and city center ensures constant land appreciation. International investors, especially from Nordic countries and Britain, show growing preference for this Torrevieja area, boosting demand and stabilizing upward price trends.
Purchase costs include 8% transfer tax (ITP), notary, registry and legal fees, totaling approximately 10-12% of price. For this plot, additional costs would be around €70,000-84,000 on top of the sale price.
Acequión and Los Náufragos beaches are 800-1,000 meters away, approximately 10-12 minutes walking. These are fine sand beaches with complete services and traditional chiringuito restaurants.
The 323m² plot is completely cleared after demolition, with urban services connected. Includes processed demolition permits and updated urban planning documentation to start construction immediately.
Regulations allow commercial ground floor, ideal for restaurant, offices, local commerce or services. Upper floors are residential, enabling mixed development with maximum profitability potential.
Torrevieja combines constant tourist growth, established international community and competitive Costa Blanca prices. The city invests in infrastructure and maintains high rental demand throughout the year.
Alicante-Elche airport is 45 minutes by car via AP-7 motorway. Direct connections with major European cities facilitate tourism and international residents access.
As an undeveloped plot, there are no community fees. Once the building is constructed, costs will depend on included services, estimated at €40-80 monthly per dwelling.
Station Park offers green spaces and cultural events. Close to marina, weekly market, Habaneras shopping center and natural salt lake route for outdoor activities and nature walks.
Built: 323m2 Plot: 323m2 Kitchen: 0Digital viewings make it possible to conveniently meet the broker and get a viewing of the home directly on the mobile.
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