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4 bedrooms house for sale in Cantabria, Spain
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4 bedrooms house for sale in Cantabria, Spain

320 000€

Santillana del Mar

Features

  • General
  • Year of construction: 2002
  • 4 bedrooms
  • 2 bathrooms
  • 2 guest bathrooms
  • Areas
  • Plot: 1,390 m²
  • Built: 562 m²
  • Useful: 540 m²
  • Equipment
  • Furnished
  • Central Heating

Investment Breakdown

Gross Yield:

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Time to pay off with rent:

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Price Difference:

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Expected Rent:

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Property description

For sale is a restaurant in Ubiarco (Santillana del Mar). Situated on a 1400 m2 plot of land is a building of 560 m2 divided into: - Basement: storage rooms and bathrooms, boiler, total 177 m2. - Ground floor: bar + dining area + kitchen + porch, total 206 m2. - First floor: 90 m2 apartment (2 bedrooms + kitchen + bathroom + living room). - Second floor: 90 m2 apartment (2 bedrooms + kitchen + bathroom + living room). This charming stone house comes with a spacious garden and parking area for several cars. The restaurant-bar is in perfect condition for operation (being sold due to retirement). The two habitable apartments offer the possibility of converting them into an inn. Ubiarco is a village belonging to Santillana del Mar, located near the coast with beautiful cliffs and natural pools. It is a very touristy yet peaceful area with 15 rural inns, where the restaurant served dinners for all those inns (a profitable business). There is also the option to convert the property into a large villa with several rooms, and on the ground floor, create a common area of 200 m2 with a large, pleasant glassed-in lounge and porch. The property is located 3 km from Santillana and 5 km from Suances. As for the price of 320,000€, it seems reasonable considering the size of the property, its potential for various uses such as a restaurant, inn, or even a large villa, and its prime location in a picturesque and tourist-friendly area. Additionally, the property's good condition and the fact that it is ready for immediate operation make it a valuable investment opportunity.

Location

Santillana del Mar

Date added: 29.09.2024

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