Spacious Corner Property with Extensive Potential. Versatile Opportunity for Residence and Income. Courtyard and Balconies. Exciting Renovation Project.
Sí Andalucía is delighted to introduce a substantial Spanish residence situated in the heart of Velez-Malaga, offering an exceptional chance to establish a boutique hotel with owner's quarters or independent apartments with commercial spaces on the ground level.
The ground floor of the edifice spans approximately 344m2, offering opportunities for indoor parking, individual units such as shops, offices, or hair salons, or even the potential for a restaurant complete with a reception area and an industrial-grade kitchen.
The first floor covers an approximate area of 245m2. Additionally, this level features a capacious internal courtyard measuring 95m2.
The second floor, totaling 260m2 surrounding the central staircase and elevator shaft.
The top floor offers an ideal space for owner's accommodations within the context of a boutique hotel. This floor encompasses 130m2 and includes a charming 25m2 turreted room with direct access to a spacious rooftop terrace offering breathtaking views of the historic town, mountains, and countryside.
Important to know that the original plan was to build 3 apartments and a penthouse. The construction is in fact very flexible and can be changed into 12-16 hotelrooms on 3 different levels.
Nestled in a prime location near the town center and positioned along one of Velez-Malaga's most coveted thoroughfares, this expansive property, already partially renovated, is poised to fulfill the dreams of investors and developers alike. Ask us for the videotour!