Large Townhouse with Patio and Warehouse in Almenara: Ideal Investment or Custom Project

210.000 €

Almenara, Costa del azahar

CASTELLON, 12590 - Ref. EXP15634





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Umida Lumsden

Umida Lumsden

+34 661 79 88 37

ul@lumsdenrealestate.com

Lumsden Real Estate by EXP

Remarks

Looking for a blank canvas to build your dream home or a safe investment with high profitability? This impressive and spacious two-story townhouse in Almenara offers the square meters, versatility, and strategic location perfect for making your next real estate project a reality.

📍 THE DESTINATION: ALMENARA, QUALITY OF LIFE AND EXCELLENT CONNECTIONS
Almenara is one of those towns that has it all without making any noise: it perfectly combines proximity to the sea, a mountain environment, history, and a privileged connection. Located in the Plana Baixa region, on the exact border between the provinces of Castellón and Valencia, this town allows you to enjoy the quiet life of an established urban center. It has immediate access to key fast roads such as the A-7 motorway and the N-340. In addition, it has the highly important Valencia-Castellón commuter train station (Cercanías) just a step away, which greatly facilitates daily commuting without relying on a private car.

A few minutes away by car, the fantastic Casablanca Beach and the beautiful natural setting of Els Estanys await you, offering that extra quality of life and contact with nature that more and more buyers and tenants seek when leaving the big capitals. And, crowning the landscape for centuries, its historic medieval castle watches over the town. For an investor or a family, this strategic location translates into constant, solid, and recurring demand (rated 10/10 in area studies).

🏠 THE PROPERTY: PLENTY OF SPACE FOR YOUR CREATIVITY
Surface area: 213 sqm built and 143 sqm usable.
Layout: 2 floors with a traditional structure and plenty of room for reorganization.
Upper floor: Concentrates the main living area, housing 4 bedrooms and 2 full bathrooms.
Ground floor: Stands out for having a wonderful interior patio and a huge warehouse, highly sought-after spaces today. Condition: In need of complete renovation. Here lies precisely the magic and the great opportunity of this property: buying very well-located square meters at a very competitive entry price and creating a finished product totally tailored to you, without having to pay the extra costs of a renovation done by someone else.

💡 GREAT POTENTIAL AND PROFITABILITY:
The property is delivered to be renovated, which represents a unique opportunity to buy well-located square meters at an entry price and create a product to your liking without paying for someone else's renovation.

If you look at it as an investment, the numbers speak for themselves: an estimated gross annual yield of 8.0% and an estimated rent of €1,400 per month once finished. The versatility of the property allows for multiple strategies:
→ Renovation and sale (House Flipping): Taking advantage of the large price per sqm differential in the area after the update.
→ Traditional or room rental: Ideal for maximizing income thanks to the nearby commuter train station.
→ Home + Business: The ground floor warehouse allows for complementary uses such as a workshop, studio, or storage room.
→ Division: The structure allows studying the creation of two independent units with distinguishable access points.

Do not miss the opportunity to acquire a flexible asset with constant structural demand.

📞 Shall we talk?
Get in touch with me and I will be happy to provide you with more photos, a detailed video, all the relevant documentation, and arrange a visit whenever it suits you best.

(Legal notice: The published price does not include taxes, notary fees, registration, or real estate agency brokerage fees of 3% + VAT to be paid by the buyer).

Features

Property type: Casa

City: Almenara

Zone: Costa del azahar

Orientation:

Useful area: 143.00 m2

Built area: 213 m2

Built terrace: 0.00 m2

Property age: 1940

Rooms: 4

Bathrooms: 2

Toilets: 0

Floors: 0

Number of floors: 0

Parkin spaces: 0

Plot size: 0 m2

Community expenses: 0 €

Electric power



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