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Centre urbà Apartment Building $764,989 Olot, Gerona 17800



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Investment Highlights
- Building in a unique and highly sought-after location.
- Feasibility of horizontal property division.
- Great visibility.
- Proximity to services, public transportation, green spaces, and urban commercial activity.
Executive Summary
Available for sale: an excellent full building located in one of the most prominent areas of Olot, Passeig d’en Blay.
This property offers significant potential for value appreciation. It boasts a total built area of 774 square meters and is distributed across a ground floor designated for commercial use and three upper residential floors, providing investors with a unique opportunity for a comprehensive renovation project and profitability optimization.
The ground floor commercial space spans 237 square meters and includes access to a private rear patio. Its location in a high-traffic pedestrian zone with excellent visibility makes it ideal for restaurants, retail, or corporate services.
The upper floors each offer 179 square meters and are currently configured as an old residence, a social space, and several residential units. The layout and access points allow for the possibility of increasing the number of residential units through horizontal division and space optimization, creating an attractive product mix.
Key differentiating factors:
- Excellent exposure on a well-established commercial artery.
- Technical feasibility for installing an elevator, ensuring accessibility and enhancing property value.
- Urban surroundings with full services (healthcare, education, retail) and high demand for both rentals and sales.
This property represents a strategic asset in a location with limited supply, ideal for investors seeking to maximize capital gains through a complete repositioning project in one of the most sought-after areas of the Garrotxa region.
This property offers significant potential for value appreciation. It boasts a total built area of 774 square meters and is distributed across a ground floor designated for commercial use and three upper residential floors, providing investors with a unique opportunity for a comprehensive renovation project and profitability optimization.
The ground floor commercial space spans 237 square meters and includes access to a private rear patio. Its location in a high-traffic pedestrian zone with excellent visibility makes it ideal for restaurants, retail, or corporate services.
The upper floors each offer 179 square meters and are currently configured as an old residence, a social space, and several residential units. The layout and access points allow for the possibility of increasing the number of residential units through horizontal division and space optimization, creating an attractive product mix.
Key differentiating factors:
- Excellent exposure on a well-established commercial artery.
- Technical feasibility for installing an elevator, ensuring accessibility and enhancing property value.
- Urban surroundings with full services (healthcare, education, retail) and high demand for both rentals and sales.
This property represents a strategic asset in a location with limited supply, ideal for investors seeking to maximize capital gains through a complete repositioning project in one of the most sought-after areas of the Garrotxa region.
Property Facts
| Price | $764,989 | Apartment Style | Mid-Rise |
| Sale Type | Investment | Building Class | C |
| Property Type | Multifamily | Building Size | < 15,000 SF |
| Property Subtype | Apartment | Year Built/Renovated | 1900 - 1909/1990 - 1999 |
| Price | $764,989 |
| Sale Type | Investment |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Building Size | < 15,000 SF |
| Year Built/Renovated | 1900 - 1909/1990 - 1999 |
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