El Palo, warehouse with patio, to convert to office space or apartments. Only 2 minutes from beach
Spanish Real Estate Opportunity
This unique located warehouse is spacious and relatively light as it has a private patio. Right in the center of authentic El Palo and only 2 minutes walk from the beach we think this can be the perfect place for work spaces as well industrial aartments. Lunch around the corner, bus stops at 100 meter, sport school next door.
Ground floor:
huge open space with some pilars
1st Floor:
mezzanine, industrial style
FOR SALE
Asking price: 150.000€
Space: 150m2 + 100m2 mezzanine
Price per m2: 1500€
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6 months waiting for redevelopment building licence
4 months of renovation
3 months for sale
13 months turnover rate
Link idealista: https://www.idealista.com/inmueble/92454587/
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PROS AND CONS
Pros
Location is top – right in the center of El Palo and only 2 minutes walk from the beach. It has already a nice industrial look-and-feel and there is access to a private patio. We are able to enlarge windowns for more light. There is a parking garage at 15 meters from the building where is it possible to rent parking space.
Cons
We need to do some paper work for converting the warehouse into a apartments.
Workspace
Two apartments
