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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 main square, this unique building offers extensive possibilities for tourism and hospitality ventures or even conversion into a residential apartment complex. Its rear side boasts panoramic views of the mountains, along with a large garden featuring a private pool—a standout feature in the area.
The property has a built area of 935 m² on a plot of 1,464 m² (according to cadastral records). Previously used as a bar-restaurant and hotel, it is currently closed and in need of 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 annexed lounge with a south-facing terrace. Beneath the lounge is a rectangular wine cellar of approximately 70 m², as well as access to the pool and garden.
- **First floor**: Two dining rooms, kitchen, and staircase.
- **Second floor**: Six bedrooms, a full bathroom, restrooms, and staircase.
- **Third floor**: Ten bedrooms, bathroom, and restrooms.
- **Auxiliary building**: An annexed structure with a trapezoidal shape, consisting of a ground floor and two levels, with an approximate area of 78 m².
**Extras**:
- Private pool measuring 14 m².
- Spacious garden with great potential for leisure and events.
- Versatile spaces suitable for multiple uses: boutique hotel, tourist apartments, residence, gastronomic or event center, residential housing development.
**Key strengths**:
- Central location near Riaza’s main square, situated in a privileged natural setting with unique views.
- Distinctive features such as the wine cellar, garden, and pool.

Property Facts

Price $918,501
Price Per Room $57,406
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Building Size < 15,000 SF
No. Rooms 16
Tenancy Single
Corridor Interior

Amenities

  • Restaurant
  • On-Site Bar
  • Public Access Wifi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 16 $71.83 -
  • Listing ID: 39188961

  • Date on Market: 1/23/2026

  • Last Updated:

  • Address: Riaza, Segovia 40500

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