Commercial property in Valencia, Spain, 810 m²

The house was built in 2008

810 m2 of the building according to the documents (952 m2 actual), 7 floors.

Now there are 13 cadastral numbers there.:

5 apartments of 59 m2

5 apartments of 77 m2

1 atico 36 m2

2 Bajo 42 m2 and 52 m2

After the renovation, it is planned:

24 studio apartments for medium-term or long-term rental (it is possible to turn 50% of the building into an apartment hotel)

At the moment there is:

1. Permission to connect the water

2. Permission to connect the light

3. permission to renovate the ground floor

4. All salaries have been evicted

At this stage, it is possible to change the design and specifics of the building (for example, to make not 2 apartments on the ground floor, but a cafe-bar)

The house belongs to a legal entity and has an IVA (ITP tax savings of 8%)