Other for sale in Santiago de Compostela, Spain

• 3818 m² of land (41097 sqFt)
• N/C

Land, Urban Plot, 3818 m2, Urbanizable, ground floor, Commercial, hotel, office, institutional and elderly residence use plot with a facade of 47 meters facing Avenida Victoria Míguez, adjacent to the Santiago Hospital, the third largest in Spain. South Campus 750m² away. Possible uses for the plot include hospital facilities, student residence, hotel, commercial, office space, nursing home, or any other commercial use. Above ground, you can build almost 3,000m² of usable space across 3 floors, as well as 2,571m² below ground, for a total of 5,511 m² of built area. Currently, there are some commercial buildings on the site, but they are vacant. There is potential to construct a student or senior residence building on a turnkey basis. Regarding the price of 2,590,000, it may seem high at first glance. However, considering the prime location near a major hospital and the possibility of various lucrative developments on the plot, it presents a valuable investment opportunity. With the potential to create a significant amount of usable space on the property, the price reflects the potential return on investment for the right buyer.