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Investment Highlights

  • Commercial property with profitability.
  • Current use as hospitality.
  • Location in Carbayedo.
  • Approximate area of 100 m2.
  • Monthly rent of €1,000.
  • Close connection to A-8.

Executive Summary

Residential property located in the municipality of Avilés, province of Asturias. This asset is situated in a consolidated urban environment within the city's core. The municipality of Avilés features various facilities and points of interest, such as the Niemeyer Center, the Avilés City Hall, and the Parque del Muelle, along with commercial areas and administrative services typical of a regional capital. The area combines residential uses with healthcare, educational, and commercial amenities commonly found in the city's urban fabric. The property has access via urban roads connected to the city's main network. Avilés is served by a Renfe commuter train station and urban and interurban bus services. Road transportation is facilitated by the Cantabrian Highway A-8 and other regional routes that link the metropolitan area with nearby municipalities. These connections also allow informal travel along the main routes.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 02
  • 1,076 SF
  • Retail
  • $240,743 ($223.74/SF)
  • $13,756.73
Sale Type Investment
Cap Rate 5.71%
Description
It has an approximate area of 100 m2.
Sale Notes
Ref.: EXP13701  
Commercial space located in Avilés, Asturias, in the Carbayedo area. It is a ground-floor property currently used for hospitality purposes.  

The property is situated on the ground floor and is currently operational, generating a monthly rental income of €1,000. The interior layout is not detailed in the available information.  

The surrounding area is characterized by its commercial nature, with the presence of restaurants, local shops, and services in Carbayedo and nearby streets. It is a well-established urban area with ongoing activity.  

The location offers access via the local road network, with connections to the A-8 highway. The area is also served by an urban bus system that connects to the rest of the municipality.  
Unit Unit Size Condo Use Price NOI
Unit 02 1,076 SF Retail $240,743 ($223.74/SF) $13,756.73

Unit 02

Unit Size
1,076 SF
Condo Use
Retail
Price
$240,743 ($223.74/SF)
NOI
$13,756.73

Unit 02

Unit Size 1,076 SF
Condo Use Retail
Price $240,743 ($223.74/SF)
NOI $13,756.73
Sale Type Investment
Cap Rate 5.71%
Description
It has an approximate area of 100 m2.</li></ul>
Sale Notes
Ref.: EXP13701&nbsp;&nbsp;<br> Commercial space located in Avil&#233;s, Asturias, in the Carbayedo area. It is a ground-floor property currently used for hospitality purposes.&nbsp;&nbsp;<br> <br> The property is situated on the ground floor and is currently operational, generating a monthly rental income of €1,000. The interior layout is not detailed in the available information.&nbsp;&nbsp;<br> <br> The surrounding area is characterized by its commercial nature, with the presence of restaurants, local shops, and services in Carbayedo and nearby streets. It is a well-established urban area with ongoing activity.&nbsp;&nbsp;<br> <br> The location offers access via the local road network, with connections to the A-8 highway. The area is also served by an urban bus system that connects to the rest of the municipality.&nbsp;&nbsp;</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 10,000 - 60,000 SF
Property Type Multifamily (Condo)
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Building Class C
Floors 10
Year Built 1970 - 1979

Amenities

Site Amenities

  • Public Transportation

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 23 - 1,011
  • Listing ID: 40983488

  • Date on Market: 6/19/2026

  • Last Updated:

  • Address: Avilés, Asturias 33402

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