About this Land

Plot with villa in Los Altos, Los Balcones Plot 1,500 m2 Villa of 193 m² built Living room with fireplace Independent kitchen 5 rooms 2 bathrooms Terrace Built in 1970 1,500 m2 plot with a 193 m2 villa to reform. At the end of the plot, there is a telephone pole, which gives a rental income of almost 15,000 euros per year and the income is increasing over time as it is linked to the CPI. This income can be used to recover your investment and/or to pay a mortgage. It gives you a direct investment income of 4%, without any additional cost. If you do not want the telephone pole on your plot, it can be removed by giving 6 months` notice before renewing the contract. The valuation of this property has been made simply on the plot size of 1,500 m2 in this residential area, so the house and telephone pole rental income are a bonus. The house has 193 m2 that is distributed in 5 bedrooms, 2 bathrooms, an office, a kitchen and storage room and a large living room. It needs renovation to turn it into a charming home or it could be removed to start from scratch and build a luxury villa on a very large plot. There is plenty of space to create a nice garden and private pool. It is located in Los Balcones in Orihuela Costa, which is a residential area and close to all services. There is a shopping center and supermarket within walking distance of the property. Punta Prima beach is 3.5 km from the house. Apart from all the facilities that this villa plot has to offer, this property comes with an additional investment feature. It is a great opportunity if you are looking for a large plot in a residential area, as well as having an investment income. Do not hesitate to contact us to receive more information and make a visit without obligation. Transparency and Security. 90 years at your side Thank you all It`s not the houses, it`s the people. We are here to help you.