Alicante/Alacant - Two adjoining plots with development potential in central Alicante

Discover an exceptional investment opportunity in the heart of Alicante’s vibrant San Antón neighborhood. Located on Calle Peligros, just steps away from the iconic Santa Barbara Castle and the historic Central Market, these two urban plots offer immense potential for savvy developers. Currently featuring two traditional low-rise properties in need of restoration, the site is perfectly positioned to capitalize on Alicante’s thriving tourism and residential market. Whether you choose to renovate or redevelop, the urban zoning allows for a ground floor plus two additional levels (ground + 2), providing a fantastic opportunity to build a modern boutique hostel, residential apartments, or a luxury urban home. Embrace the authentic Mediterranean lifestyle in one of Alicante's most sought-after locations.