Others properties for sale in Denia Area (Page 2)

Ref. XMI-358450 (AD 878 X)

Property for sale in El Vergel / Verger

Mediterranean Charm in El VergerDiscover this cozy townhouse located in the charming town of El Verger, in the province of Alicante. With its characteristic Mediterranean style, this property shines not only for its aesthetics but also for the quality of life it offers its residents. Comfort and SpaceThe house features three comfortable bedrooms, perfect for accommodating the entire family. Additionally, it has two bathrooms that provide comfort and privacy. Every corner has been designed with comfort in mind, ensuring a warm and welcoming atmosphere that feels like home from the very first moment. Highlighted FeaturesEquipped with split air conditioning, this house stays cool during the warm summer months. The electric heating ensures a warm environment on the coldest days, allowing your home to be a refuge in any season of the year. The exterior design reflects the charm of the Mediterranean. The property offers both an open terrace and a covered terrace, ideal spaces to relax and enjoy the Mediterranean breeze while contemplating the beauty of the surroundings. Furthermore, it includes a garage and a storage room, providing additional space for storage. Practicality and ComfortWith its construction and layout, this house maximizes comfort and functionality. The double-glazed windows ensure optimal sound and thermal insulation, maintaining tranquility indoors and providing a serene environment. Privileged LocationSituated in El Verger, this property is strategically positioned close to local attractions and essential services, allowing for everyday life without sacrificing the peace of a home in a residential area. The town is well-known for its proximity to beautiful beaches and Mediterranean landscapes that invite outdoor activities and exploration. The property has an active tourist license and excellent positioning on platforms like Booking and Airbnb, with very good ratings, allowing for profitability from the very first moment if preferred for vacation use. Energy CertificationsThis property has an energy rating of F regarding energy efficiency and emissions, providing a space for improvement, yet still allows for enjoying a home full of potential. In summary, this charming townhouse in El Verger offers a unique opportunity for those seeking a Mediterranean lifestyle, where comfort, design, and location combine to create the dream home. Don't miss this opportunity and come visit!

3	2
	110 m2

240.000 €

Ref. XMI-357798 (CA 064 X)

Property for sale in Denia

Charming Village HouseDiscover this fascinating village house, a rural retreat where modern comfort meets the warmth of rustic architecture. With a perfectly designed layout, this property features three cozy bedrooms and three well-equipped bathrooms, offering the space and privacy that you and your family deserve. Space DistributionAt the heart of this house is an open-plan kitchen, ideal for those who enjoy family meals and moments of togetherness. This open concept fosters a social and welcoming atmosphere, perfect for preparing delicious recipes while chatting and laughing with loved ones. The brightness of the space is enhanced by south-facing windows, ensuring a constant flow of natural light throughout the day. Enchanting ExteriorsThe jewel of this property is its magnificent 90 m² patio, a perfect place to enjoy the soft southern breezes. Imagine the possibility of hosting outdoor dinners or simply relaxing with a good book while you soak in the tranquility of the surroundings. The combination of the open terrace and the covered terrace offers versatile options for enjoying the outdoors any time of year. Details that Make a DifferenceThe house also features a cozy fireplace, which not only adds an aesthetic touch but also provides comfort during cooler days. Additionally, a storage space is available to keep everything organized. All these elements come together to create a home where every detail has been considered for your comfort and well-being. Prime LocationLocated in an area that highlights the beauty of village life, this house offers the opportunity to live in a peaceful environment while being close to services that facilitate daily life. You can enjoy a relaxed lifestyle while being just steps away from everything you need. Don’t miss the chance to make this village house your new home. With every corner, this property tells a story and is ready for you to create the next one. Come visit and let yourself be captivated by its charm.

3	3
	160 m2

1.419.000 €

PRICE LOWERED (-5%)

Ref. PRT-354959 (001850PGI)

Property for sale in Ondara

Stunning Villa / Estate for Sale on 10,000 m² in Ondara (Costa Blanca) Discover this impressive property situated on a spacious plot of 10,000 m², perfect for those seeking privacy, space, and proximity to all amenities. The villa is distributed over two floors plus an independent apartment, offering multiple possibilities for both family use and investment: Ground Floor: Spacious living-dining room, separate kitchen, pantry, storage room, covered terrace, and one bedroom (currently used as an office) with a toilet and dressing room. This same floor features an independent apartment with living-dining room, open kitchen, covered terrace, 2 bedrooms, and a bathroom, ideal for guests or rental. Upper Floor: Large open terrace and 4 spacious bedrooms, all with en-suite bathroom and dressing room, providing maximum comfort and privacy. The property stands out for its excellent features and equipment: solar panels with a power of 15 kW, air conditioning, radiator heating, barbecue area, ADSL connection, laundry room, closed garage, parking with a pergola for two vehicles, as well as unique elements such as two birdhouses, a fish pond, and a basement with a wine cellar. On the exterior, a spectacular 10x15 m pool turns this estate into a true private oasis. Unbeatable location, just minutes away from supermarkets, restaurants, and all services. The beaches are only 10 minutes away, and the Ondara shopping center and access to the highway are just 2 minutes away, with excellent connections to Valencia and Alicante (approximately 1 hour). An exclusive property with endless possibilities in the heart of the Costa Blanca.

7	6	1
	567 / 10.000 m2

220.000 €

Property for sale in Casco Urbano of Denia Costablanca, Alicante (Spain). Ref.: PRT-357426

Ref. PRT-357426 (001871PGI)

Property for sale in Denia, Casco Urbano

For sale, this spacious old-style apartment with 2 entrances (one main and one servant entrance directly to the kitchen). First floor with elevator. Entrance hall, large living-dining room with balcony and south-facing orientation, spacious independent kitchen with gallery-laundry room and access to a private uncovered terrace with a storage room at the back. The property also has another storage room on the community rooftop. 3 bedrooms, 1 toilet with shower, and 1 complete bathroom complete the home. Overall, it is in reasonable condition for an apartment from the 1980s. For example, the sliding windows in the living room have been replaced with double glazing, and there are 2 individual air conditioning units in the bedrooms, etc. It would need some further remodeling. Don’t miss the opportunity to visit flats of this size (121 m2) that are no longer being built today. Located on Paseo del Saladar next to all services and just 1.5 km from the beaches of Dénia.

3	2
	121 m2

585.000 €

Ref. PRT-356001 (001862)

Property for sale in Benidoleig

An excellent restaurant is offered for sale, located in Benidoleig, with a privileged location and stunning views that provide a unique added value to the business. The establishment has two active licenses: a restaurant license and a social center license, which significantly expands its operational possibilities. Spread over two floors, the premises include: Independent officeSpacious kitchen without appliances, ready to adapt to any culinary conceptStorage pantrySeparate restrooms for women, men, and people with reduced mobilityBar areaOutdoor area with terraceA perfect opportunity to start or expand a hospitality business in a highly attractive environment.

	3
	432 / 792 m2

620.000 €

PRICE LOWERED (-9%)

Ref. EIR-755882 (A-1028)

Property for sale in Denia

A rare gem in the old town Situated in a quiet residential building on Calle la Mar — directly opposite the Plaza de la Constitución and just a stone's throw from the bustling Marqués de Campo — this exceptional penthouse offers something almost unheard of in Dénia's old town: the feeling of a private villa, elevated four floors above the terracotta rooftops of the city. From the moment you step inside, the sense of space comes as a surprise. With 201 m² of living area, the home lives more like a sun-drenched Mediterranean residence than an apartment. Warm tiled floors, handmade Valencian ceramics, exposed brick columns and generous wooden window frames capture the southern light in every corner. Living and entertaining A generous living room flows seamlessly into an adjoining dining area, both connected to a separate, fully equipped kitchen finished with distinctive hand-painted tiles in orange, green and cobalt blue. The kitchen features quality appliances (Neff oven and gas hob, Bosch dishwasher, washing machine) and offers spacious composite stone worktops. From the living area you then step into the showpiece of the home: a fully glazed winter garden running the full width of the terrace. With its green aluminium frames and rustic roof-tile detailing, this space feels like a natural extension of the outdoors — but protected from wind and weather year-round. Ideal for a leisurely lunch, a coffee with views of the Montgó, or simply as an additional lounge when the evening turns cooler. The terrace — 123 m² of private sky Once outside, Dénia opens up around you. The generous rooftop terrace offers: Uninterrupted views of the Montgó massif to the westViews of the castle and historic city walls to the east, set among pine trees and greeneryThe warm, ochre-coloured rooftops and bell towers of the casco antiguo belowThe terrace offers room for multiple sun loungers, a full outdoor dining table under the parasol, and plenty of space for potted plants. It wraps around the home, meaning you can always find a spot in the sun — or in the shade — depending on the time of day. Privacy is exceptional: you look out over the city but are never overlooked. Whether it's breakfast in the morning sun, a long lunch under the parasol, or an evening glass of Chardonnay as the light softens over the mountains — this outdoor space alone would sell the property. Bedrooms and bathrooms Master suite with an impressive wall of custom-built oak wardrobes, a large full-length mirror and direct access to its own spacious en-suite bathroom, featuring a double mosaic walk-in shower with glass screens, a marble vanity with wooden cabinetry, and elegant cream-yellow tilework.Second bedroom with individual air conditioning and built-in storage.Third bedroom with a characterful wrought-iron headboard and a sloped ceiling with decorative wooden louvred skylights — a charming guest room.Fourth bedroom arranged as an inviting double room with antique bedside tables and a rustic display cabinet.Fifth bedroom / home office under the eaves, ideal as a study with desk, additional single bed and glass bookcase — perfect for remote working or accommodating extra guests.Second full bathroom serving the guest bedrooms, finished with playful maritime tilework (sun, moon and sea motifs) and a separate walk-in shower.Dedicated linen and towel cupboard complete with a charming antique glass-fronted cabinet.All four main bedrooms have individual air conditioning; the living area has central climate control. Storage and finishes One of the quiet luxuries of this home is the sheer volume of high-quality, custom-built oak storage throughout — full walls of built-in wardrobes in the hallway, bedrooms and entry. The result is a home that always feels tidy and calm. The Spanish tiled floors run harmoniously throughout the apartment, complemented by the warm tones of the brick columns and joinery that define the home's character. Practical information A dedicated private garage space is available in a nearby building, accessible via a car lift. The sale price without the garage space is €599,000. Location Dénia's old town is one of the most sought-after areas of the Costa Blanca — a walkable maze of cafés, tapas bars, boutiques and squares, with the marina, beaches and the Montgó Natural Park all within walking or cycling distance. From this address, every daily convenience is within reach, while the terrace provides the peace and privacy normally reserved for a villa in the hills. Who is this home for? Equally well suited as a lock-and-leave holiday home, a full-time primary residence, or a premium investment in a location where genuine old-town penthouses of this size rarely come to market.

5	2
	324 m2

90.000 €

Ref. PRT-342793 (001797)

Property for sale in Orba

Beautiful plot of 1.182 m2 located in a development in Orba, with water and electricity very close by and easy access. A single-family home with two stories can be built on it. The plot offers lovely views of the valley with the sea in the background. It is situated just 5 minutes by car from the urban center of Orba. Orba has all the services (such as a medical center, pharmacy, banks...) and shops (stores of all kinds), as well as a wide variety of bars, restaurants, a municipal sports center, social center, etc. The plot is only 15 minutes from Ondara and the La Sella Golf Resort, and just 25 minutes from Dénia, which, with its extensive beaches, is one of the major tourist centers of the region. As a construction company, we can provide you with an assessment of the house you desire on this plot with no obligation.


	1.182 m2

1.990.000 €

Ref. PRT-356657 (001866PGI)

Property for sale in Sagra

We present to you a very special property: Four houses nestled within a private botanical forest on an agricultural plot of 18,000 m2. Main dwelling THE BLUE HOUSE: The largest, with 2 independent floors: GROUND FLOOR: 3 bedrooms, 3 bathrooms, dining room - living room - open kitchen, and terrace: Total: 126 m2 + 35 m2 of terrace. UPPER FLOOR: spacious living room with fireplace, 2 bedrooms, 1 bathroom, and terrace. Total: 145 m2 + 15 m2 of balcony overlooking the magnificent 173 m2 pool. Among the pathways of plants, tropical and native trees, we arrive at THE PINK HOUSE: Built around a large pine, it has two floors. GROUND FLOOR: Living - dining room with fireplace, open kitchen, 2 bedrooms, and 2 bathrooms. Total: 80 m2. Following another of the many pathways within the forest, we reach THE GREEN HOUSE: It is considered the social area, all on one floor with a spacious living - dining room, independent kitchen, large terrace shaded by ancient trees where there is also an outdoor oven. At the back, there is 1 bedroom with a bathroom, as well as a laundry room, 1 toilet, and storage area. Continuing along another path, we arrive at THE ORANGE HOUSE: The oldest, originally a wine cellar that has now been converted into a Loft with thick walls that keep it cool in the summer and comfortable in the winter. It includes a living area, open kitchen, 1 bedroom, and 1 bathroom in addition to a covered terrace with thatch. Total: 52 m2. The property has areas of orange tree plantations, a chicken coop, parking shaded by trees, 1 uncovered fronton of 420 m2, a pond with colorful fish and turtles, with a water surface of 152 m2 where at the back of this area is THE TURQUOISE HOUSE. Made of wood, it has a living room, kitchen, 1 bedroom with a loft, 1 bathroom, as well as covered and uncovered terraces with a barbecue area. It is worth noting that at the other end of the property, next to the orange grove, there is another wooden house with 1 bedroom and 1 bathroom. Everything was renovated in 2020, equipped with solar panels, city water, as well as water rights for irrigation, and is connected to the public sewer system. The plot is completely fenced with stone walls (except for the orange trees which are on a neighboring plot), with 2 entrances: a pedestrian wrought iron double-leaf gate and another automatic one for vehicle access. A paradise of tranquility just 15 km from the beaches of Dénia, 10 minutes by car from the shopping center el PORTAL DE LA MARINA, or an hour from the airports of Valencia or Alicante.

11	10	1
	580 / 18.000 m2

817.000 €

Property for sale in Las Rotas of Denia Costablanca, Alicante (Spain). Ref.: PRT-347543

Ref. PRT-347543 (001824PGI)

Property for sale in Denia, Las Rotas

For sale, this bank asset in one of the most sought-after areas of Dénia, Las Rotas. Completely flat plot of 1,780 m2 where this spacious house of 380 m2 is located, which used to house 3 independent homes plus areas for storage, garage, parking, small pool, garden, etc. The property requires a COMPLETE RENOVATION, the price is fixed, but if no one has reserved it in 6 months, a lower offer may be considered. Financing up to 100% is available, provided the interested party meets the ideal profile.

12	5	1
	380 / 1.780 m2

399.950 €

PRICE LOWERED (-5%)

Ref. PRT-353540 (001842PGI)

Property for sale in Alcalalí

Nestled in a privileged location overlooking the breath-taking Jalón Valley, this charming three-bedroom villa offers the perfect blend of comfort, privacy, and spectacular scenery. The property features three spacious bedrooms and two bathrooms, one of which is en-suite, a well-appointed living area with a working wood burner as the main feature, a glazed naya, and a fully fitted galley kitchen. The home is thoughtfully designed for both relaxation and entertaining. Central heating throughout ensures year-round comfort, making the villa ideal for permanent living or as a holiday retreat. Outside, the villa truly shines. A large terrace provides the perfect setting for al fresco dining while enjoying the stunning panoramic views across the Jalón Valley. The private swimming pool is perfect for cooling off during the warm Mediterranean summers and is surrounded by beautifully maintained gardens, creating a peaceful and private oasis. Additional practical features include a secure garage, central heating, air conditioning, double glazing, ample storage space, and traditional wooden beams that add charm and character to the property. Combining spectacular views, generous outdoor living areas, and modern comforts, this delightful villa offers a wonderful opportunity to enjoy the relaxed lifestyle of the Costa Blanca countryside. Located just a 5-minute walk from the village, with all amenities within easy reach. Viewing is highly recommended to fully appreciate the beauty and everything this property has to offer.

3	2	1
	146 / 800 m2

279.000 €

PRICE LOWERED (-7%)

Ref. PRT-347807 (001825PGI)

Property for sale in Jalón / Xaló

Situated within an exclusive residential community just a short distance from the charming town of Jalón in the heart of the Vall de Pop, this delightful townhouse enjoys truly breath-taking views across the valley and surrounding mountains. The ground floor offers a spacious, open-plan living and dining area with fire place and potential to install a wood burner or pellet burner , along with air conditioning (hot and cold) and gas central heating. A large sliding glass door leads directly onto a covered terrace and a beautifully maintained private garden—an ideal space to relax and enjoy the peaceful surroundings. The fully equipped kitchen features a convenient serving hatch, and this level also includes a large bathroom with bath and overhead shower and a double bedroom, currently used by the owners as a dining room. Upstairs, the bright master bedroom benefits from fitted wardrobes, air conditioning, central heating, and direct access to a covered terrace with stunning panoramic views of the valley and mountains. The second double bedroom offers similar features and opens onto an additional terrace, again boasting lovely views. A family bathroom with a bath and overhead shower completes this floor. The property is equipped with gas central heating, air conditioning throughout, and double glazing for year-round comfort and alarm system. A private parking within the urbanisation is also included. The small, well-maintained community features a fantastic communal swimming pool, recently renovated, with shower facilities, sun terraces, and a grassed area—all enjoying spectacular panoramic views of the valley. This elegant townhouse is ideal as a permanent residence within a friendly, multinational community, or as a secure lock-up-and-leave holiday home. Properties of this quality and location are in high demand, so early viewing is highly recommended

3	2
	115 m2

350.000 €

Ref. PRT-339356 (001832PGI)

Property for sale in Orba

Immaculate townhouse near the centre of Orba recently refurbished to a very high standard. The property is entered through 2 large wooden doors which lead into a large, bright open living area from which the internal walls have been removed. The high ceilings give a feeling of space and openness. This area is divided into a dining area and separate living room. There is an A/C unit for both hot and cold air and a pellet burner in the living room. There is a large separate fully fitted kitchen and also a w.c. on this level. Patio doors lead to a large courtyard which has a functioning well. The courtyard is large enough to fit a pool if required. A beautifully tiled staircase leads to a large open area from which all the other rooms radiate off. This room is presently used as a tv room. There are 3 double bedrooms, one with an ensuite shower room, plus a family bathroom. Patio doors lead onto a large terrace of roughly 18 m2. There is also a large roof terrace with 360 degree panoramic views of the Orba valley on which is a pergola set up as a dining area to enjoy alfresco dining in the warm summer evenings. This property is really finished to a very high standard and has been renovated tastefully to maintain the authentic feel of a Spanish casa de pueblo but with the addition of all modern amenities and is a perfect either as a low maintenance holiday home or as a more permanent family home.

3	2
	187 m2

399.995 €

PRICE LOWERED (-5%)

Ref. PRT-343308 (001807)

Property for sale in Alcalalí

This fantastic villa offers everything you need, whether you’re looking for a full-time residence or a convenient lock-up-and-leave home. Located just a short distance from the beautiful village of Alcalalí, the property sits within a sought-after urbanisation and enjoys impressive mountain views. Inside, the villa features a welcoming hallway, a spacious newly fitted kitchen, and a large lounge with a pellet burner. From here, you have direct access to a generous partially glazed naya that captures stunning panoramic views across the valley. This level also includes two large double bedrooms. The master bedroom boasts a modern en-suite, and there is a separate guest bathroom. Above the lounge, a staircase leads to a mezzanine level currently used as a third bedroom, but it would also make an ideal office or secondary lounge. The exterior offers a beautifully established Mediterranean garden with multiple seating areas, each offering its own unique mountain outlook. Additional features include a built-in BBQ area, an above-ground pool (with potential for replacement if desired), a carport, and a private driveway providing off-road parking for up to four vehicles. There is also useful storage space beneath the property. The villa is equipped with double glazing, air conditioning, a pellet burner, electric radiators, and mosquito screens for added comfort. Alcalalí provides all the essential amenities for daily living, along with a selection of popular restaurants and bars. The nearby village of Jalón, just a five-minute drive away, offers additional facilities including two supermarkets. With its generous living spaces, beautiful views, and excellent location close to all amenities, this property represents an outstanding opportunity for anyone seeking a quality home in the Jalon Valley. A must-see property in a prime location

3	2	1
	127 / 800 m2

1.400.000 €

Ref. PRT-350360 (001836PGI)

Property for sale in Orba

Exclusive modern villa with sea views, move-in ready, built in 2023 and set on a spacious and well-maintained plot of 10,000 m² with impressive open sea views. A property that combines elegance, comfort, and technology in a privileged setting. From its beautiful access path, the home conveys privacy and distinction. The layout has been carefully designed to offer spaciousness and functionality: Elegant entrance hall with a guest toilet, leading to an impressive open-concept living room with integrated American kitchen and high ceilings. The space, fully glazed, offers exceptional brightness and direct connection to the outdoors. Automatic Roman shades for added comfort, two spacious bedrooms (one with direct access to the terrace and pool), full bathroom and independent toilet, wide hallway with built-in wardrobes, master bedroom with access to the terrace and pool, walk-in closet, bathroom with double sink, independent toilet, and laundry/storage room. It features an exterior designed for enjoyment with a fully equipped outdoor kitchen, enclosed with automatic shutters, ideal for gatherings and outdoor living. Additionally, it includes a complete basement, closed garage of 66 sq meters, solar panels, pre-installation for heated pool, air conditioning and ducted heating, two bioclimatic pergolas, and much more. The home is available immediately. A unique property that offers design, energy efficiency, and maximum comfort. Must-see property. Don't miss this opportunity.

3	2	1
	288 / 11.841 m2

140.000 €

Ref. PRT-354941 (001851)

Property for sale in Orba

Rustic plot of land of 15,000 m2 where there is the possibility to build a 2-storey house with a maximum of 300 m2 per floor. The plot is located in a high area, providing very good views of the valley and the sea. It has easy access with a paved road leading to the plot and is in a very quiet location with few neighbors nearby, just 4 minutes by car to the urban center of Orba. The plot contains orange and olive trees. It would be ideal for keeping horses, as there are several flat areas. In Orba, you will find all services just a few minutes from the plot, from a pharmacy to a grocery supermarket, banking services, etc. You can also find wide sandy beaches just 20 minutes away. Additionally, via the AP7, you can reach the international airports of Alicante and Valencia in just 1 hour. If you need more information, please contact us.


	15.000 m2

370.000 €

Ref. PRT-342798 (001799PGI)

Property for sale in Llosa de Camacho

Country house with an excellent location on the outskirts of the village of La Llosa de Camacho. The plot is completely flat and fenced and the main property is located there, as well as a spacious storage room with a separate entrance. Upon entering the house, a hallway leads to the large main dining room, which connects directly to the kitchen and pantry. The sleeping area is separated by a hallway that leads to three double bedrooms, a full bathroom, and a guest toilet. At the back of the property, there is a second living room with a fireplace and a south-facing glazed terrace with stunning views. There is also an annex garage that could be converted into an additional bedroom or an office. What makes this property unique is its land, as a large part of the plot is classified as urban land, giving you the opportunity to expand, redesign, and create the perfect outdoor space. This type of property does not often come to market, so contact Pereto to arrange a visit.

3	2	1
	286 / 1.483 m2

300.000 €

PRICE LOWERED (-12%)

Ref. PRT-349644 (001834)

Property for sale in Alcalalí

This prime parcel of land offers an exceptional opportunity for residential or mixed-use development. Situated in a well-positioned and easily accessible area, the site provides a generous footprint suitable for a range of building projects, including modern housing or duplex developments (subject to planning approval). The land benefits from convenient access and is within walking distance of the village, where a variety of local amenities, schools, and restaurants can be found, making it an attractive location for future residents and businesses alike. Its relatively level topography and open layout allow for efficient planning and construction, maximizing build potential and offering excellent design flexibility. Surrounded by a growing community and ongoing development, this site presents strong investment potential and long-term value. Utilities and infrastructure connections are available nearby, helping to support a streamlined and efficient development process. On-site infrastructure will be required before construction can begin (Consult the planning report we have from the City Council). Overall, this parcel represents a rare opportunity for builders and developers seeking a well-located site with excellent potential for a high-quality and profitable development project.


	2.797 m2

120.000 €

Ref. PRT-355583 (001857PGI)

Property for sale in Murla

Discover this apartment located in an excellent central area of Murla, ideal for those seeking comfort and proximity to all services. The property is organized into a bright living-dining room, an independent kitchen, an open terrace, three spacious bedrooms, and a full bathroom, offering a functional and well-utilized space. Its location is unbeatable, close to supermarkets, restaurants, and all the necessary services for daily life. Additionally, it is only 20 minutes from the nearest beaches, perfect for enjoying the sea at any time. The large shopping center in the area, located in Ondara, is less than a 15-minute drive, as is the access to the highway that comfortably connects with Valencia and Alicante in approximately an hour. An excellent opportunity both as a primary residence and as an investment.