Penthouse with terrace in El Raval, Elche. Great price reflecting necessity to modernise. Great investment opportunity

Opportunity to acquire a Large Top Floor Apartment at a Reduced Price. Reform project.

Discover this exclusive penthouse in the iconic Raval neighborhood of Elche, a unique opportunity both to live in and invest in one of the most charming and promising areas of the citys historic center.

Located on the fifth floor, this penthouse stands out for its spaciousness, brightness, and prime location. The building currently does not have an elevator, but there is an approved and subsidized project for its installation, which will significantly increase the propertys value in the short term. In addition, the buildings entrance has been renovated, and the common areas are in excellent condition.

The property is entirely exterior, on a corner, ensuring natural light throughout the day and exceptional ventilation. It features a large south-facing terrace, perfect for enjoying the sun and beautiful open views over the Raval neighborhood, making it an ideal space to relax and admire spectacular sunsets year-round.

The penthouse has five large bedrooms, all exterior, giving it great potential. It is a property to renovate, with enormous possibilities, as it allows for subdivision and the creation of two independent homesan attractive option for investors or for those who want to design their custom home in the heart of the historic center.

Situated in an area with a strong local identity, the Raval combines the charm of a traditional neighborhood with the convenience of living in the city center, surrounded by all services, shops, public transport, and cultural spaces, while maintaining the tranquility of a residential area with its own personality.

A property with great potential, unbeatable location, and multiple possibilities.

A unique opportunity to invest or live in one of the most authentic and sought-after neighborhoods in Elche.

1 Real Estate, part of the Property Cloud Group, is a leading international real estate agency on the Costa Blanca, with over 50 years of combined experience in property sales in Spain and more than 40 dedicated employees. We are committed to providing a transparent, first-class service to all our clients, whether buyers or sellers. From the moment you contact us, you will notice the exceptional level of attention and expertise we offer as standard.

At 1 Real Estate, we focus exclusively on properties directly listed with us, allowing us to build strong relationships with our suppliers, understand their homes, and have in-depth knowledge of the areas we serve. With our extensive property portfolio, we are confident we can find the perfect option for your needs.

Contact us today and discover why we are the preferred agency for buyers and sellers in Elche!

All information detailed on this page, including but not limited to the description, features, and associated costs of the property are accurate to the best of our knowledge but is subject to verification during the purchase process; 1 Real Estate assumes no responsibility for inaccuracies or omissions. The advertised price does not include purchase taxes or associated costs. The purchase of this property may be subject to Property Transfer Tax (ITP) or VAT and Stamp Duty (AJD), depending on the type of property and the buyer’s circumstances. Notary, Land Registry and administrative costs are also not included. The property price does not include agency fees (1% +IVA of the final price with a minimum of €2000 +IVA). All prices and costs provided are indicative and may vary depending on the specific circumstances of the purchase.