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Restoration Opportunity: 6-Bed Townhouse in Pinoso

€56,000€243/m²

Pinoso, Alicante, Spain

  • 6

    bedrooms

  • 2

    bathrooms

  • 230 m²

    interior

  • 60 m²

    plot

  • Townhouse

    property type

  • 1 Aug 2026

    listed

The Habio take

AI summary

This 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
ES

Buying property in Spain

Full guide →

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

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