Seven-Bedroom Investment House with Development Potential in Orihuela
€850,000
€1,972/m²
- 7
- Bedrooms
- 1
- Bathroom
- 431 m²
- Interior
- 12,441 m²
- Plot
- Land
- Type
- 1 Aug 2026
- Listed
The Habio take
This extensive seven-bedroom house offers a unique investment opportunity in Orihuela, ideal for developers aiming to create multiple residential units or alternative facilities. Located near the historic centre of Orihuela, it combines rural charm with access to urban amenities and scenic views.
- investment
- quiet
- countryside
- historic
Highlights
- Large plot of 12,441 m²
- Development potential for multiple residential units
- Colonial-style house with seven bedrooms
- Elevated views of Vega del Segura
- Well-serviced location near Orihuela town center
Worth knowing
- Requires redevelopment and renovation
- Investment may involve planning approvals
Good fit for: Ideal for developers or investors looking to capitalise on a growing area with significant potential.
Lifestyle scores
- Beach
- 65
- Walkable
- 60
- Remote work
- 70
- Family
- 80
- Retirement
- 75
- Airport access
- 70
- Investment
- 85
- Luxury
- 70
- Value
- 80
About this place
This large estate in Orihuela covers 12,441 m² and features a colonial-style house with 431 m² of living space, comprising seven bedrooms, two living rooms, a kitchen, a bathroom, a patio, storage area, and a small private chapel. Positioned at the foot of the Sierra de Orihuela, it boasts elevated views across the Vega del Segura and offers a non-floodable location.
The property is comprised of 3,488 m² of residential urban land within the hamlet, allowing for the potential development of approximately 30 semi-detached properties. There is also 1,133 m² allocated for road infrastructure. Additionally, 7,451 m² of rustic land is nearby with access to essential services. This land is included in the proposed urban expansion plan of Orihuela’s new General Urban Plan.
The area is well-serviced with supermarkets, schools, medical facilities, and public transport, making it suitable for residential projects. Orihuela itself is known for its rich cultural heritage and traditional architecture, with easy access to beaches and mountains, enhancing the appeal for various development projects.
What this place offers
- garden
- furnished
- parking
- storage
- fireplace
- irrigation rights
- well
Getting around
- Excellent water quality
Nearest beach · Playa los Naufragos
~31 min drive · 30 km
Alicante-Elche Miguel Hernández (ALC)
~40 min drive · 50 km
Region of Murcia (RMU)
~49 min drive · 47 km
Approximate, measured from the property's area rather than its exact address. Drive times © OpenStreetMap contributors (OSRM); airports: OurAirports; bathing water: European Environment Agency, 2024 season.
Where you’ll be
Orihuela, Alicante, Spain
- Nearest airport
- Corvera (RMU)
- 35 km
- Also close
- Alicante (ALC)
- 40 km
- Nearest city
- Murcia
- 20 km
Marker is the location supplied by the agency — approximate, and often deliberately so. The exact address is confirmed on enquiry. Distances are straight-line.
Buying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
Spain ended its Golden Visa property route in April 2025.
Non-resident mortgages are widely available, typically 60–70% LTV.
Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax.
Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
