We present this excellent investment opportunity, particularly attractive for developers, thanks to the potential to build multiple residential units and resell them, as well as for alternative uses such as rural tourism, event venues, or leisure projects.Large 12,441 m2 estate located in Orihuela, just 2 km from the town center. Set at the foot of the Sierra de Orihuela, the property enjoys an elevated, non-floodable position with open views across the Vega del Segura and surrounding mountains.The land is distributed as follows: 3,488 m2 of residential urban land within the hamlet, suitable for development of up to two floors plus basement and mezzanine. Full plot occupation is permitted for semi-detached housing and 40% for detached homes. There is potential to develop around 30 semi-detached properties (approx. 6 m frontage by 18 m depth each). Alternative configurations possible as well. 1,133 m2 allocated for road infrastructure. 7,451 m2 of rustic land adjoining the urban area, with access to asphalted roads and main services including water, electricity, sewage, and telecommunications. This section is included in a proposed urban expansion plan under the new General Urban Plan of Orihuela. 369 m2 of urban residential land, with a beautiful, colonial-style house built on it:431 m2 over 2 floors, featuring 7 bedrooms, two living rooms, two gazebos, kitchen, bathroom, patio, storage room, and a small private chapel. The property also benefits from its own well, two water deposits/pools, and irrigation rights of up to 10,000 m3 per year.About the area: Surrounded by established residential properties, the estate is located in a well-serviced area with supermarkets, schools, medical facilities, and public transport nearby. Orihuela is a historic town in the province of Alicante, known for its rich cultural heritage, traditional architecture, and scenic surroundings along the Segura River. It offers a mix of inland charm and coastal access, with both beaches and mountains just a short drive away. It is approximately 20 km from Murcia city, 30 km from the beaches of Orihuela Costa, Torrevieja, and Guardamar, and 35 km from Murcia airport and 60 km from Alicante International Airport. About us: We have a large portfolio of properties in the Costa Blanca and Costa Calida areas, specialising in country properties, villas, fincas, building plots and design and build options in the Alicante and Murcia regions with a particular emphasis on Yecla, Novelda, Elda, Monovar, Pinoso, Sax, Villena, Aspe, Fortuna, Jumilla, Abanilla, and many more surrounding areas. We have been established since 2004 and have decades of experience between the team which we bring to bear to help you find and secure your new dream home. We help you every step of the way to make sure your purchase in Spain is safe and hassle free. We are not here to sell you a property, we are here to help you realise your dream and find what is right for you. With us you are in the safest hands. Contact us now to have a no obligation chat about how you too can realise your dreams.