Ref VIG14298

Excellent investment opportunity with guaranteed lease in the city centre of Vigo, Galicia

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  • Price On request
  • Location Vigo
  • Built size 650m2
  • Bedrooms 7
  • Bathrooms 7

Commercial and residential space measuring a total of 650 sqm in Vigo city centre on Plaza Compostela, guaranteed lease agreement for 10 years and the potential to convert into 5 spacious apartments.

A unique opportunity to acquire a vast property in a historic landmark building dating back to the mid-1800s, located in the most sought-after area of Vigo city centre.

The property features two areas, a commercial area and a residential section. The residential section offers a luxurious, spacious, bright apartment, featuring 5-6 metre high ceilings and unique original features.

The commercial area measures a total of 250 sqm. There is the possibility of making it a single space for a vast private home. This space can also be converted or subdivided into 4-5 good sized apartments. Planning and permission have to be approved by the town hall.

For the tenancy option, Lucas Fox, has an agreement with a candidate to lease the commercial premises with bank guarantees, for ten or more years.

This property can be suitable for an entrepreneur or business person interested in purchasing it and converting it into their place of work and / or residence.

What’s more, it would be suitable for an investor interested in buying the property to generate income and equity in years to come.

The property is in the most exclusive area in the city centre and has the highest price per square metre.

Information on the property will be provided to potential candidates with the condition of signing a non-disclosure agreement.

Highlights

  • Unbeatable location in Vigo City centre
  • Vast property in a historic landmark building
  • Combined residential and commercial space
  • Various investment options including 10-year guaranteed lease to suitable candidate

Features

  • City views
  • Air conditioning
  • Original features
  • Exterior alarm
  • Garage

Distribution

This vast property in Vigo is divided into a generous residential area of 400 sqm and a commercial space of 250 sqm.

Residential area (400 sqm)

  • Large living and dining room
  • 2 lounge areas
  • Indoor gym
  • 5 bedrooms
  • 5 bathrooms
  • Eat-in kitchen

Commercial area (250 sqm)

  • Reception hall
  • Offices
  • Storage
  • Machine room

Other

  • 6 parking spaces

Location

The property is located a short drive from Vigo international airport (approximately 25 minutes), 20 minutes to O Castro International British school, a 5-minute walk to the marina, shopping centres and health clubs.

Around Plaza de Compostela, we find the most fashionable tapas bars, terraces, and restaurants in Vigo Old Town.

The Alameda Park is a garden park in the city of Vigo, located in the Plaza de Compostela square, a commercial and service area close to the marina and the old town. It is an urban garden of formal design, with lined trees, sculptures and fountains.

Our view

A rare opportunity to acquire a sizeable residential and commercial property in a stunning mid-1800s building located in the prime area of Vigo city centre.

Ref VIG14298

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Call us on (+34) 937 079 999 or complete the short form below to contact an agent about this property.