Historic Building for Redevelopment in Alicante Old Town
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Historic Building for Redevelopment in Alicante Old Town

Alicante, Spain

65%

€3.900.000

Development

#36985

Value-Add

28 Apr 2026

Property Details

Broker

For sale

752 m²

Leasable area

5,186 €/m²

Freehold

X

Fees

2.00 %

3.00 %

2.50 %

2.00 %

0.50 %

Investment Overview

Building of approx. 750 m² located on Calle Gravina, in the heart of Alicante’s historic centre, just steps from Postiguet Beach, the Town Hall, and MACA Museum. The property is distributed across several floors plus an attic with terrace, offering flexibility for redevelopment. Currently vacant, it is ideal for conversion into a boutique hotel, luxury apartments. A reform project and permits, including archaeological approval, are already in place, reducing development risk and time to execution. Its privileged location, surrounded by cultural landmarks, shops, restaurants, and within walking distance of the marina and beach, ensures strong demand and long-term value. This is a rare opportunity to reposition a historic building into a high-value asset in Alicante city centre.