Mansion to live in and invest in Pego (Costa Blanca)

Property Description

I'm Xaro Pinto, your trusted real estate advisor, and before talking to you about square meters, floors, or numbers, let me ask you a straightforward question:

Are you looking for a house… or an opportunity that won’t come around again for decades?

Because we are not talking about just any property. We are talking about a grand single-family home, with entrances from two of the main streets in Pego, a built area of 697 m², and a potential that very few properties can offer today in the center of a city.

This type of property does not compete with the regular market. It competes against short-sightedness, against short-term decisions, and against that common enemy that so many investors and buyers know well: buying without strategy.

Now tell me, what would you do with a property that allows you to live in the heart of the city, develop a boutique hotel, rent by rooms, or even open a small shop on one of the busiest streets in Pego?

The layout speaks for itself.

A 90 m² semi-basement.

A ground floor with a commercial space of 103 m², a 23 m² patio, and a garage of 148 m² with real capacity for 6 to 8 vehicles.

A first floor designated for housing, with four double bedrooms, all exterior, and two bathrooms.

And a second floor that is open plan, ready for you to decide its use without limitations.

The structure is in good condition and has been reviewed by an architect. Yes, the interior needs rehabilitation, and I tell you this straightforwardly. But that’s precisely where the opportunity lies: to adapt a grand house, with solid wood doors, hydraulic floors, and south orientation, into a profitable, elegant project aligned with the current market.

It includes furniture and appliances, has views of the city center and the mountains, and a clear and manageable annual maintenance:

IBI: €930 per year.

Solid waste: €175 per year.

In addition, there is the possibility of installing photovoltaic solar panels, which today is the investment with the best return in this type of asset.

Before visiting it, take a walk around the area. Get to know it on your own. If you love the property but the location doesn’t work for you, then it’s not the right house for you. And that’s also part of my job: to help you make informed decisions.

And one last key issue. If you need financing, talk to your bank first. Knowing your real budget completely changes the strategy. If you wish, I can also put you in touch with top-level financial advisors who can help you turn this project into a solid and viable reality.

Opportunities like this are not sought after. They are recognized. And decisions are made based on information, not impulses.

Contact phone: 609215362