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Calle Médico Valentín Gil 16 Room Hotel Riaza, Segovia 40500 $924,718 ($57,795/Room)

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Investment Highlights
- Excellent location in the heart of Riaza.
- Investment opportunity.
- Good connections.
Executive Summary
Located in the heart of Riaza, just a few meters from the plaza, this unique building offers extensive possibilities for tourism and hospitality ventures or even conversion into a residential building. Its rear side provides panoramic views of the mountains, along with a large garden featuring a private pool, a distinctive asset in the area.
The property has a built area of 935 m2 on a 1,464 m2 plot (according to cadastral data). It was previously used as a bar-restaurant and hotel, currently closed and awaiting renovation, allowing for adaptation to various investment projects.
The space is distributed as follows:
- Ground floor: Main entrance, bar, restrooms, staircase, and access to a 208 m2 south-facing lounge with a terrace. Below the lounge is a rectangular cellar of approximately 70 m2, with access to the pool and garden.
- First floor: Two dining rooms, kitchen, and staircase.
- Second floor: 6 rooms, full bathroom, restrooms, and staircase.
- Third floor: 10 rooms, bathroom, and restrooms.
Auxiliary building: An annex with a trapezoidal shape, ground floor, and two levels, with an approximate area of 78 m2.
Extras:
14 m2 private pool.
Large garden with great potential for leisure and events.
Versatile spaces allowing for multiple uses: boutique hotel, tourist apartments, residence, gastronomic or event center, residential development.
Strengths:
Central location next to Riaza's plaza, situated in a privileged natural setting with unique views.
Unique features such as a cellar, garden, and pool.
The property has a built area of 935 m2 on a 1,464 m2 plot (according to cadastral data). It was previously used as a bar-restaurant and hotel, currently closed and awaiting renovation, allowing for adaptation to various investment projects.
The space is distributed as follows:
- Ground floor: Main entrance, bar, restrooms, staircase, and access to a 208 m2 south-facing lounge with a terrace. Below the lounge is a rectangular cellar of approximately 70 m2, with access to the pool and garden.
- First floor: Two dining rooms, kitchen, and staircase.
- Second floor: 6 rooms, full bathroom, restrooms, and staircase.
- Third floor: 10 rooms, bathroom, and restrooms.
Auxiliary building: An annex with a trapezoidal shape, ground floor, and two levels, with an approximate area of 78 m2.
Extras:
14 m2 private pool.
Large garden with great potential for leisure and events.
Versatile spaces allowing for multiple uses: boutique hotel, tourist apartments, residence, gastronomic or event center, residential development.
Strengths:
Central location next to Riaza's plaza, situated in a privileged natural setting with unique views.
Unique features such as a cellar, garden, and pool.
Property Facts
| Price | $924,718 | Building Class | C |
| Price Per Room | $57,795 | Building Size | < 15,000 SF |
| Sale Type | Investment | No. Rooms | 16 |
| Property Type | Hospitality | Year Built | 1960 - 1969 |
| Property Subtype | Hotel | Tenancy | Single |
| Price | $924,718 |
| Price Per Room | $57,795 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Building Size | < 15,000 SF |
| No. Rooms | 16 |
| Year Built | 1960 - 1969 |
| Tenancy | Single |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 16 | - | - |
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Calle Médico Valentín Gil
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