Garbinet - Parque de las Avenidas · Alacant/Alicante · Alicante/Alacant

Urban land with restaurant redevelopment potential

€690,000 1,911 €/m²

Urban land in Alicante's Garbinet-Parque de las Avenidas with an existing 361 m² restaurant on a 360 m² plot. The stated project allows up to five homes with underground parking.

Reference YESOV1007 · On Inmoblia since 1 September 2026 · Published by Ibemar Home

The property

Specifications

What the advert says about the property: floor area, layout, condition and registry details.

Some advert data is uncertain

We show the source-reported value for context, but exclude it from calculations until the conflicting evidence is resolved.

Type
Land
Built area
361 m²
Usable area
360 m²
Plot
360 m²
Bedrooms
1
Toilets
3
Year built
1997
Condition
Good condition
Energy certificate
Exempt
Orientation
North
Use / licence
Hospitality
Land classification
Urban land
Fittings

Fittings and extras

What the property comes with and how much each item weighs in the “Property data” sub-score.

  • Air conditioning
  • Furnished
  • Terrace
  • Utilities at the plot boundary +8

The advert also mentions:

  • Two private dining rooms
  • Wine cellar
  • 40-metre bar
  • Industrial kitchen
  • Capacity for 150–200 people
  • Reduced-mobility-accessible toilet
  • Ceramic flooring
  • Telephone line
  • Patio
  • Attic
  • Alarm system
  • Open-plan layout

Free text we could not normalise into a comparable attribute, so it does not score.

How these values score

The verdict

What the analysis sees

The specific signals the model finds in this property and its municipality, before going into the score in detail.

In favour

  • In good conditionNo renovation needed to put it on the rental market.

Against

No notable risks in the available data.

No buy-to-let analysis

This is a plot of land: it produces no rental income, so we calculate no yield, no rental mortgage and no buy-to-let score. Below you will find the municipal context and the plot's details.

Municipal momentum

Where the local market is heading.

Rent price index

INE · 2011 base = 100 · yearly

+5.1% interanual
127.5 20112014201820212024 104.4 · 2011104.4 · 2011102.4 · 2012102.4 · 201299.6 · 201399.6 · 201399.5 · 201499.5 · 2014100 · 2015100 · 2015101.9 · 2016101.9 · 2016103.7 · 2017103.7 · 2017106.2 · 2018106.2 · 2018110.1 · 2019110.1 · 2019111.2 · 2020111.2 · 2020113.5 · 2021113.5 · 2021117.4 · 2022117.4 · 2022121.3 · 2023121.3 · 2023127.5 · 2024127.5 · 2024

Housing transactions

MIVAU · deals per year

−1.6% interanual
7,005 20112015201820222025 2,655 · 20112,655 · 20113,243 · 20123,243 · 20123,081 · 20133,081 · 20133,685 · 20143,685 · 20143,869 · 20153,869 · 20154,573 · 20164,573 · 20165,796 · 20175,796 · 20177,070 · 20187,070 · 20186,561 · 20196,561 · 20194,720 · 20204,720 · 20206,616 · 20216,616 · 20217,744 · 20227,744 · 20226,684 · 20236,684 · 20237,122 · 20247,122 · 20247,005 · 20257,005 · 2025

These series describe the municipality's housing market; for this asset they are context for the area, not for its own segment.

Investment guide for Alacant/Alicante

Municipal demand

The structural depth of demand in the area.

+1.5%Rent trajectory
0 = flat average annual growth of the municipal rent index (INE)

Registered unemployment

SEPE · yearly average

−2.7% interanual
25,149 20192021202320242026 27,811 · 201927,811 · 201933,265 · 202033,265 · 202034,702 · 202134,702 · 202129,230 · 202229,230 · 202228,307 · 202328,307 · 202327,241 · 202427,241 · 202425,845 · 202525,845 · 202525,149 · 202625,149 · 2026

Average gross income

AEAT · annual tax return

+2.4% interanual
€30,218 20132016201820212023 €25,331 · 2013€25,331 · 2013€25,215 · 2014€25,215 · 2014€25,874 · 2015€25,874 · 2015€26,389 · 2016€26,389 · 2016€26,673 · 2017€26,673 · 2017€27,410 · 2018€27,410 · 2018€28,044 · 2019€28,044 · 2019€27,078 · 2020€27,078 · 2020€28,086 · 2021€28,086 · 2021€29,514 · 2022€29,514 · 2022€30,218 · 2023€30,218 · 2023

Registered population

INE · yearly population register

0.0% interanual
366,221 20112014201720202025 334,329 · 2011334,329 · 2011334,329 · 2011334,329 · 2011334,329 · 2011334,329 · 2011334,329 · 2011334,329 · 2011334,678 · 2012334,678 · 2012334,678 · 2012334,678 · 2012334,678 · 2012334,678 · 2012334,678 · 2012334,678 · 2012335,052 · 2013335,052 · 2013335,052 · 2013335,052 · 2013335,052 · 2013335,052 · 2013335,052 · 2013335,052 · 2013332,067 · 2014332,067 · 2014332,067 · 2014332,067 · 2014332,067 · 2014332,067 · 2014332,067 · 2014332,067 · 2014328,648 · 2015328,648 · 2015328,648 · 2015328,648 · 2015328,648 · 2015328,648 · 2015328,648 · 2015328,648 · 2015330,525 · 2016330,525 · 2016330,525 · 2016330,525 · 2016330,525 · 2016330,525 · 2016330,525 · 2016330,525 · 2016329,988 · 2017329,988 · 2017329,988 · 2017329,988 · 2017329,988 · 2017329,988 · 2017329,988 · 2017329,988 · 2017331,577 · 2018331,577 · 2018331,577 · 2018331,577 · 2018331,577 · 2018331,577 · 2018331,577 · 2018331,577 · 2018334,887 · 2019334,887 · 2019334,887 · 2019334,887 · 2019334,887 · 2019334,887 · 2019334,887 · 2019334,887 · 2019337,482 · 2020337,482 · 2020337,482 · 2020337,482 · 2020337,482 · 2020337,482 · 2020337,482 · 2020337,482 · 2020337,304 · 2021337,304 · 2021337,304 · 2021337,304 · 2021337,304 · 2021337,304 · 2021337,304 · 2021337,304 · 2021338,577 · 2022338,577 · 2022338,577 · 2022338,577 · 2022349,282 · 2023349,282 · 2023349,282 · 2023349,282 · 2023358,720 · 2024358,720 · 2024358,720 · 2024358,720 · 2024366,221 · 2025366,221 · 2025366,221 · 2025366,221 · 2025

Net international migration

INE · immigration − emigration · yearly

−1.9% interanual
9,600 2021202220232024 2,575 · 20212,575 · 202111,980 · 202211,980 · 20229,783 · 20239,783 · 20239,600 · 20249,600 · 2024

Recorded offences

Ministry of the Interior · cumulative

+89.9% interanual
58,304 202420252026 5,788 · 20245,788 · 202411,847 · 202411,847 · 202418,547 · 202418,547 · 202424,585 · 202424,585 · 202430,697 · 202530,697 · 202537,843 · 202537,843 · 202545,434 · 202545,434 · 202551,754 · 202551,754 · 202558,304 · 202658,304 · 2026
Comparables

Similar properties nearby

Real references of the same municipality and type, to cross-check rent and price. They are not necessarily active offers.

They sell for…

Comparable sales in Alacant/Alicante, including those already sold.

This is a shortlisting pass over the advert's data, not a due diligence report. Before deciding, check the points we cannot verify from here:

  • Planning classification and real buildable area: confirm both with the town hall before anything else.
  • Available services and connections (water, electricity, drainage, vehicle access).
  • The real service charge and, above all, whether any special levies are approved or pending: they appear in the minutes of the last owners' meetings.
  • The property's actual IBI: our figure is an estimate from the municipality's cadastral values, not the specific bill.
  • Charges, mortgages, seizures or easements in the Land Registry extract.