Restoration Opportunity: 6-Bed Townhouse in Pinoso
€56,000€243/m²
6
bedrooms
2
bathrooms
230 m²
interior
60 m²
plot
Townhouse
property type
1 Aug 2026
listed
The Habio take
AI summaryThis spacious six-bedroom townhouse in Pinoso offers a unique restoration opportunity at an appealing price. Located just a minute's walk from the town centre in Alicante, it combines traditional charm with great potential for rental income.
- countryside
- investment
- renovation
- quiet
Highlights
- Two separate apartments
- Potential for rental income
- Central location in Pinoso
- Large garage for up to two cars
- Small roof terrace
- Patio with additional building
Worth knowing
- Requires significant restoration
- Old roof will need replacing
- Some structural damage from previous pipe burst
Good fit for: Ideal for investors or buyers seeking a renovation project in a charming town.
Lifestyle scores
- Beach
- 50
- Walkable
- 80
- Remote work
- 60
- Family
- 75
- Retirement
- 80
- Airport access
- 60
- Investment
- 70
- Luxury
- 40
- Value
- 90
About this place
This large townhouse, centred in the heart of Pinoso, spans two floors and is currently comprised of two separate apartments, each featuring its own entrance. Both living units include three bedrooms, a bathroom, a separate kitchen, and a living room, making this property versatile for family living or rental options.
The layout allows for creative restoration, as the property requires some repairs due to past structural issues from a water pipe burst in 2021. Some walls have cracks, and a portion of the ceiling was removed for safety. However, assessments indicate that these cracks are stable, with no ongoing developments noted in surveys conducted, the last being in 2025. The structure includes a small roof terrace accessible from the upper unit, while the lower unit benefits from a spacious garage for up to two cars and a patio that includes an additional building, perfect for storage or a guest annex.
Pinoso is known for its tranquil rural lifestyle surrounded by vineyards and rolling hills, offering both traditional Spanish culture and modern conveniences. The area boasts excellent local amenities, schools, and provides easy access to Alicante and Elche's vibrant city life, as well as beautiful Mediterranean beaches. This property presents a significant opportunity for those looking to invest in a growing area or seeking a peaceful retreat.
What this place offers
- garage
- patio
- roof terrace
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


