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Calle Pedro Lagasca, 1 Apartment Building $277,120 Ávila, Ávila 05001



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Investment Highlights
- Excellent location in the heart of Ávila.
- Good connections.
Executive Summary
Residential building from the first half of the 20th century, built in 1922, located on a corner with dual frontage on Caballeros Street and Pedro Lagasca Street, right in the heart of the Centro district of Ávila. This location provides it with strong urban presence and favorable orientation, resulting in abundant natural light on all floors. The property consists of a ground floor, first floor, second floor, and attic, forming a traditional structure that blends seamlessly into the established surroundings.
The building houses two residential units, one per floor, each with an approximate built area of 91 m², allowing for functional and well-proportioned living spaces. On the ground floor, there is a commercial space of approximately 55 m², offering a complementary use and potential for additional income. The property is currently unfurnished and features a layout that could be updated to meet modern standards.
From an urban planning perspective, the building is not subject to heritage protection, allowing for restoration work aimed at preserving its exterior appearance in harmony with the surrounding area. It requires a full renovation, presenting a clear opportunity to enhance its value. The plot size is 102 m², and the total built area is approximately 356 m². Current zoning regulations do not permit an increase in buildable area, reinforcing the consolidated and stable nature of the asset.
The building houses two residential units, one per floor, each with an approximate built area of 91 m², allowing for functional and well-proportioned living spaces. On the ground floor, there is a commercial space of approximately 55 m², offering a complementary use and potential for additional income. The property is currently unfurnished and features a layout that could be updated to meet modern standards.
From an urban planning perspective, the building is not subject to heritage protection, allowing for restoration work aimed at preserving its exterior appearance in harmony with the surrounding area. It requires a full renovation, presenting a clear opportunity to enhance its value. The plot size is 102 m², and the total built area is approximately 356 m². Current zoning regulations do not permit an increase in buildable area, reinforcing the consolidated and stable nature of the asset.
Property Facts
| Price | $277,120 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.03 AC |
| Property Type | Multifamily | Building Size | 3,832 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1922 |
| Price | $277,120 |
| Sale Type | Investment |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.03 AC |
| Building Size | 3,832 SF |
| No. Stories | 3 |
| Year Built | 1922 |
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Calle Pedro Lagasca, 1
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