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Torrelavega
Gross Yield:
8.5%
Time to pay off with rent:
10.8 years
Price Difference:
-15000%
Expected Rent:
850€/month
This expansive two-level stone house is situated in the picturesque municipality of Torrelavega, Cantabria. Covering a total area of 406 m², the property requires complete renovation, providing a unique opportunity to create a stunning residence or commercial space. The ground floor comprises two former bar facilities, with a generous 93 m² bar area and a 23 m² storage room. The upper floor features a spacious living area of 290 m², which presents numerous possibilities for layout and design. The existing bar still holds an active operating license, making this property particularly attractive for those looking to invest in the hospitality industry. This sale presents the chance to convert the existing spaces into multiple residential units or, after obtaining relevant local permits, transform them into rural accommodations. Additionally, the exterior area can be developed into a beautiful garden, parking space, or an outdoor recreational area. This property stands out for its versatility and potential for profitable investment. Don’t miss the opportunity to acquire a property that offers diverse options for use, ensuring a worthwhile return on the investment made to revive it to its full potential.