La Zubia, Granada 18140 Apartment Building Offered at $814,029

Located in Plaza de San Pedro in La Zubia, one of the most central and iconic areas of the municipality, this property features a traditional-style building that is extremely bright and offers extensive possibilities for transformation. The property retains its original layout and configuration, meaning it requires updates and renovations. The first floor is in relatively more livable condition, while the rest of the building presents an intriguing opportunity for a comprehensive renovation project. Current layout: - Ground floor (street level): Two independent commercial spaces of approximately 70 m² each, featuring large display windows. There is potential to convert these spaces into residential units. - First floor: Currently distributed into four bedrooms, a living-dining room with access to a spacious wraparound balcony, a full bathroom, an independent kitchen with access to a pantry, laundry area, and a large patio. Due to its size and layout, this floor could be reconfigured to create two independent two-bedroom apartments. - Second floor: Original layout includes a living room, four bedrooms, an independent kitchen with pantry and laundry area, a full bathroom, and a wraparound balcony. The entire floor is exterior-facing, offering excellent natural light. This floor also has the potential to be reconfigured into two independent two-bedroom apartments. - Top floor: Approximately 80 m² terrace, an outdoor space with significant potential. Development potential: The building's layout and dimensions allow for the development of up to six independent residential units—two on each residential floor—plus the conversion of each ground-floor commercial space into a unit. This makes the property an attractive opportunity for investors and developers interested in rehabilitation projects in a well-established location. Additional features: - Abundant natural light thanks to large exterior openings, balconies, and terraces. - Prime location in the center of La Zubia, with immediate access to services and amenities in a high-demand residential area. This property is ideal for those seeking a tailored real estate project with multiple possibilities for redistribution, development, and profitability.