Castile-Leon, Leon, Villarejo de Orbigo, Spain
- PROPERTY TYPE
Block of Apartments
- SIZE
6,265 sq ft
582 sq m
Key features
- Total area: 166 sqm
- House area: 582 sqm
- Condition: Needs recovery
- Construction year: 1949
Description
Located in the heart of Veguellina de Órbigo, this 582 m² building represents an excellent investment opportunity with great potential and multiple development possibilities. Built in 1949, the property stands out for its versatility, allowing for residential, commercial, or even tourism-related projects in a strategic location.
The building is distributed over a basement, ground floor, first floor, and second floor. The basement includes a cellar, ideal for storage or auxiliary use. The ground floor features an entrance hall —with beautiful hydraulic flooring in excellent condition— and two commercial premises, one of which has already been renovated, adding value for both direct use and rental purposes.
The upper floors contain four residential units, two on the first floor and two on the second floor, each with two bedrooms, a living room, kitchen, and bathroom. The apartments require renovation, offering the opportunity to fully customize the project.
Its prime location, with two façades —one facing a main street— ensures visibility, accessibility, and proximity to all essential services: banks, supermarkets, schools, train station, and local shops.
Additionally, the town currently lacks hotel accommodations, making it an excellent opportunity to develop tourist apartments or holiday rentals. Its proximity to the industrial area of Villadangos del Páramo (just 14 km away) further enhances its appeal for residential rentals.
There is also the possibility of acquiring a nearby plot with garden and parking, increasing the investment potential even further.
A property with location, space, and enormous potential—perfect for a high-return investment project.
REF: 875062
Castile-Leon, Leon, Villarejo de Orbigo, Spain
NEAREST AIRPORTS
Distances are straight line measurements- Asturias(International)78.1 miles
Advice on buying Spanish property
Learn everything you need to know to successfully find and buy a property in Spain.
Notes
This is a property advertisement provided and maintained by IAD, Barcelona (reference 247016_875062) 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.