Castile-Leon, Leon, León, Spain
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
8
- BATHROOMS
4
- SIZE
6,265 sq ft
582 sq m
Key features
- 8 bedrooms
- Total area: 166 sqm
- House area: 582 sqm
- Condition: Needs recovery
- 4 bathrooms
- Construction year: 1949
Description
In the heart of Veguellina de Órbigo, in the province of León, lies this magnificent investment opportunity: a building constructed in 1949 with a total area of 582 square meters. This is a property with enormous potential, ideal for investors and builders looking to achieve high returns at an unbeatable price.
The building is spread over several floors, offering multiple development possibilities. The ground floor consists of the entrance hall and two commercial premises, one of which has been renovated, making it an excellent option for starting a business or renting out the space. It is worth noting that the entrance hall is very beautiful, with hydraulic tile flooring in excellent condition, which adds a touch of elegance and distinction to the property.
On the main floor, there are two apartments, each with two bedrooms, a living room, kitchen, and bathroom. Similarly, on the second floor there are two other apartments with the same layout. All apartments require renovation, but the building has its utilities connected, which facilitates the renovation process. In addition, it has an oil-fired boiler that currently supplies heat to one of the apartments, with the possibility of expanding it to serve all apartments with a minor renovation.
One of the greatest attractions of this property is its strategic location. It has two facades, one of which is located on one of the town's main streets, ensuring high visibility and easy access to all essential services. Veguellina de Órbigo is a dynamic town with banks, schools, supermarkets, and a train station, making it a point of great interest for both residents and visitors.
Currently, the town does not have any hotel accommodations, which opens up a range of possibilities for those interested in developing a tourist accommodation project. This building can be transformed into a set of vacation rental apartments or a small hotel residence, taking advantage of the constant movement of people in the area. It is also an excellent alternative for regular rental housing, given the existing demand in the area and its proximity to the Villadangos del Páramo industrial park, located 14 km away.
Additionally, there is the possibility of acquiring an urban property located just two floors away, which has parking and a garden, which would add even more value to the project.
This building is a unique opportunity due to its price and versatility. Whether for the creation of modern homes, a commercial establishment, a rental residence, or any other real estate project, the profitability potential is undeniable. Don't miss this opportunity to invest in a property with a prime location and a promising future. Contact us for more information and come discover everything this building can offer you!
ANTONIO PANERO. TEL. +34
REF: 139999
Castile-Leon, Leon, León, Spain
NEAREST AIRPORTS
Distances are straight line measurements- Asturias(International)78.1 miles
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Notes
This is a property advertisement provided and maintained by IAD, Barcelona (reference 247016_139999) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.