Monòver/Monóvar · Alicante/Alacant · 03640

Modernist building with redevelopment potential

€350,000 405 €/m²

865 m² modernist building in Monóvar with two independent homes, terraces, communal areas and a commercial unit with an active lease. Built in 1900 and in fairly good condition, with integral refurbishment possible but demolition prohibited and the façade protected.

Reference HZha02355-3765 · On Inmoblia since 3 September 2026 · Published by Abarca Servicios Inmobiliarios S.l.

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
Building
Built area
865 m²
Bedrooms
6
Bathrooms
2
Year built
1900
Condition
Good condition
Fittings

Fittings and extras

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

  • Terrace
  • Parking 1 space

The advert also mentions:

  • Two independent dwellings
  • Commercial unit with active lease
  • Integral refurbishment and internal redistribution permitted
  • Demolition prohibited
  • Protected façade
  • Modernist architecture

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

Municipal momentum

Where the local market is heading.

Rent price index

INE · 2011 base = 100 · yearly

+2.5% interanual
114.6 20112014201820212024 96.6 · 201196.6 · 201193.7 · 201293.7 · 201297.1 · 201397.1 · 2013100.3 · 2014100.3 · 2014100 · 2015100 · 2015102.7 · 2016102.7 · 2016105.1 · 2017105.1 · 2017103.8 · 2018103.8 · 2018106.9 · 2019106.9 · 2019108.4 · 2020108.4 · 2020109.2 · 2021109.2 · 2021111.7 · 2022111.7 · 2022111.8 · 2023111.8 · 2023114.6 · 2024114.6 · 2024

Housing transactions

MIVAU · deals per year

+11.5% interanual
329 20112015201820222025 65 · 201165 · 201181 · 201281 · 201271 · 201371 · 201365 · 201465 · 201455 · 201555 · 201598 · 201698 · 2016111 · 2017111 · 2017101 · 2018101 · 2018117 · 2019117 · 2019133 · 2020133 · 2020167 · 2021167 · 2021213 · 2022213 · 2022208 · 2023208 · 2023295 · 2024295 · 2024329 · 2025329 · 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 Monòver/Monóvar

Municipal demand

The structural depth of demand in the area.

+1.3%Rent trajectory
0 = flat average annual growth of the municipal rent index (INE)

Registered unemployment

SEPE · yearly average

−5.7% interanual
887 20192021202320242026 1,238 · 20191,238 · 20191,419 · 20201,419 · 20201,377 · 20211,377 · 20211,134 · 20221,134 · 20221,066 · 20231,066 · 20231,002 · 20241,002 · 2024941 · 2025941 · 2025887 · 2026887 · 2026

Average gross income

AEAT · annual tax return

+5.3% interanual
€22,188 20132016201820212023 €16,851 · 2013€16,851 · 2013€16,922 · 2014€16,922 · 2014€17,336 · 2015€17,336 · 2015€17,586 · 2016€17,586 · 2016€18,281 · 2017€18,281 · 2017€18,960 · 2018€18,960 · 2018€19,597 · 2019€19,597 · 2019€19,305 · 2020€19,305 · 2020€20,569 · 2021€20,569 · 2021€21,063 · 2022€21,063 · 2022€22,188 · 2023€22,188 · 2023

Registered population

INE · yearly population register

0.0% interanual
13,116 20112014201820222025 12,873 · 201112,873 · 201112,873 · 201112,873 · 201112,844 · 201212,844 · 201212,844 · 201212,844 · 201212,720 · 201312,720 · 201312,720 · 201312,720 · 201312,460 · 201412,460 · 201412,460 · 201412,460 · 201412,381 · 201512,381 · 201512,381 · 201512,381 · 201512,272 · 201612,272 · 201612,272 · 201612,272 · 201612,177 · 201712,177 · 201712,177 · 201712,177 · 201712,175 · 201812,175 · 201812,175 · 201812,175 · 201812,167 · 201912,167 · 201912,167 · 201912,167 · 201912,212 · 202012,212 · 202012,212 · 202012,212 · 202012,188 · 202112,188 · 202112,188 · 202112,188 · 202112,387 · 202212,387 · 202212,387 · 202212,387 · 202212,542 · 202312,542 · 202312,542 · 202312,542 · 202312,764 · 202412,764 · 202412,764 · 202412,764 · 202413,116 · 202513,116 · 202513,116 · 202513,116 · 2025

Net international migration

INE · immigration − emigration · yearly

+24.8% interanual
161 2021202220232024 157 · 2021157 · 2021171 · 2022171 · 2022129 · 2023129 · 2023161 · 2024161 · 2024

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:

  • 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.