Four heritage buildings on Avinguda d'Alacant — assembled, restored and repositioned into a scarce Mediterranean hospitality and residential portfolio.
Avinguda d'Alacant is the historic gateway to Jávea's old town — a protected boulevard of 19th-century Mediterranean architecture connecting the port to the medieval centre. One of the last unrestored heritage corridors on Spain's Costa Blanca.
While beachfront property reflects a journey already traveled, heritage old-town assets represent the journey ahead — deeper roots, constrained supply, irreplicable character, and an appreciation curve that has barely begun.
Three forces converge: regulatory protection limits new construction, international demand for authentic year-round Mediterranean living accelerates, and old-town economics outperform seasonal coastal models. Heritage Jávea captures all three.
Heritage rehabilitation, not renovation. Every intervention reveals what was already there — stone, light, permanence.
Courtyard pools behind heritage stone. Garden dining under old trees. The sound of water against handmade tiles.
"The best buildings are the ones that were already there. You just had to listen to what they wanted to become."Jessica Bataille
| Asset | Area | Programme | |
|---|---|---|---|
| H8 | Heritage 8 Avinguda d'Alacant 8 | 833 m² | Apart-Hotel & Signature Restaurant. 1875 manor, Nolla mosaics, tosca stone, garden & pool. View Plans → |
| H16 | Heritage 16 Avinguda d'Alacant 16 | 694 m² | Residences & Wellness. 3 apartments, duplex penthouse, spa, wellness club, communal garden & pool. View Plans → |
| H11 | Heritage 11 Avinguda d'Alacant 11 | 696 m² + 502 m² plots | Creative Headquarters. Offices, material atelier, design gallery, residential artist loft. View Plans → |
| H13 | Heritage 13 Avinguda d'Alacant 13 | 586 m² + 299 m² | Gastronomic Destination. Restaurant, 2 double-height lofts, underground parking. View Plans → |
Public previews are planning-stage architectural documents. They evidence the existing assets, distribution studies and rehabilitation scope. The final hospitality operating programme, licensing tracker and full technical annex are shared after investor qualification.
Selected documents are public previews. Full plans, licences and technical due diligence are shared only after investor qualification. Request Technical Annex →
Tosca stone walls, original timber beams, centuries of material memory. These are the bones that make Heritage Jávea irreplicable.
Disciplined capital deployment across acquisition, restoration and activation — with clear exit scenarios.
| Item | Amount |
|---|---|
| Asset Acquisition | €4,839,704 |
| Project Execution | €458,000 |
| Construction | €7,600,000 |
| Interior Design & Furnishing | €730,000 |
| Gardens & Landscaping | €140,000 |
| Total Sponsor Budget | €13,767,704 |
Model assumes 100% equity investment and no financial leverage. Recoverable VAT excluded.
Target figures are sponsor projections and subject to due diligence, permitting, execution and market conditions.
All €/m² calculated on 2,809 m² built area. Sponsor projections subject to change.
The investment thesis is supported not only by a target portfolio exit, but also by an operating-income framework. A proposed sponsor/operator lease scenario creates a visible gross income basis, while a conservative hospitality scenario demonstrates resilience under moderate occupancy assumptions.
| Asset | Operating Assumption | Annual Income |
|---|---|---|
| H16 | 3 apartments + cowork, €8,850/month | €106,200 |
| H13 | Restaurant + 2 apartments, €8,100/month | €97,200 |
| H11 | Restaurant + floors 1–2, €9,800/month | €117,600 |
| H8 Apartments | 9 apartments at 50% occupancy | €187,200 |
| H8 Restaurant | Restaurant lease, €3,500/month | €42,000 |
| Total | Proposed portfolio income | €550,200 |
| Scenario | Annual Gross Income | Gross Yield | What it demonstrates |
|---|---|---|---|
| Proposed Lease | €550,200 | 4.08% | Income support / lease-backed hold case, subject to signed documentation |
| Conservative Hospitality | €469,200 | 3.48% | Resilience at 50% occupancy / 26 weeks |
| Stabilised Upside | €615K–742.5K | 4.6%–5.5% | Potential upside through occupancy and revenue management |
Gross yields are calculated on a €13.5M valuation basis and before taxes, operating expenses, financing, maintenance, management fees and investor-specific structuring. The sponsor/operator lease scenario is subject to final lease documentation. Hospitality scenarios are sponsor projections and depend on licensing, operational execution, occupancy, pricing and market conditions.
The four buildings sit on both sides of Avinguda d'Alacant — Jávea's historic boulevard connecting the port to the old town. This creates a unique advantage: the ability to activate an entire urban corridor, not just individual assets.
Heritage protection limits new construction. The old town offers year-round footfall versus seasonal coastal dependency. Acquisition at €1,723/m² — a 58% discount to Jávea's market average.
Heritage Jávea is led by Jessica Bataille The Lifestyle Company — rooted in Jávea since 2004. Over two decades restoring Mediterranean heritage. Local authorship. Institutional execution.
We would be pleased to share the complete investment documentation with qualified partners.
Request the Investment MemorandumShare your details and we will send you the confidential investment memorandum.
Target figures are sponsor projections. This does not constitute an offer or solicitation.
