$895,000
6
About This Property

About this Property
Here is a fantastic value property that just needs an imagination to turn it into a thriving Boutique Hotel or Bed and Breakfast. It is currently being run as a restaurant downstairs at the street level and a single residence upstairs in the heart of Palencia’s thriving tourist area on the longest sidewalk in the world.

This is an extremely well built building, well above US standards, and boasts 3000 feet of living space on each, giant verandas and an additional 3000 SF rooftop area and even has an industrial elevator going to the rooftop area. Each floor has its own bath, so the possibilities of a 10-14 room Bed and Breakfast or high end vacation rentals for families and groups are a perfect fit. The rooftop could easily be converted into a fabulous restaurant with great views of the sea . The possibilities for businesses in this building are endless or just make one floor your private residence and rent the other long term or vacation rental.

Measurements include:
1st floor- 3000 SF. with veranda
2nd floor- 3000 SF. with veranda
3rd floor/roof top- 3000 sq.ft.

This is a must see property in order to properly appreciate the value, quality and size of this enormous and beautiful building. The rooftop view alone will tell you all you need to know!

Property Features
  • Serviced Apartment
  • 6 bed

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