Property ID : R3340087
For Sale 635,900.00€ - Plot, Residential
Are you looking for double profit? Are you a business person seeking a great investment for your prosperous living? Then take a look at this gem in the heart of Algeciras old town, and your inner business self will be truly amazed.
A residential plot with a magnificent architectural building of the 19th century in the old town of Algeciras. All the bars, restaurants, shops, drugstores – they are not just near, they are around you! Being in the center obviously has its advantages.
“And how do I operate with an antique building?”, – you ask.
Easily! – we say. There's a project already with a license for restoration of this adorable historical architecture and turning it in a cozy residence! You don't need to torture yourself with the paper routine, just think what kind of residence you wish to see here!
As we're talking about the center, it could be an elegant boutique-hotel, as the project gives you permission for apartments spread over 2 floors and a roof terrace with panoramic views to the old town. Moreover, there's room for a parking lot! Old towns are always amazed by tourists, and they will be very thankful to find out they can book an apartment right there instead of renting it somewhere on the suburbs.
“And what about double profit?”
Here it comes! The project also allows to use all the ground floor for commercial premises! So, under your hotel the tourists will be happy to find a bar, a restaurant, a clothing shop or an essentials store! So, now you and them both have double profit! And also, the city itself will get a tourism boost as there are not many hotels in the area.
Even if you are still hesitating, send us a request to see it with your own eyes and your last doubts will vanish!