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Rúa Estrada de Bueu, 61 2,238 SF Retail Condo Unit Offered at $410,868 in Cangas, Pontevedra 36945



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Investment Highlights
- Highly sought-after tourist area in the Rías Baixas.
- Natural environment of great value.
Executive Summary
Residential property with 1,255 m² of built space distributed across four above-ground floors, located in Vilariño, Pontevedra. Aldán, in Cangas do Morrazo, stands out as one of the most exclusive and sought-after destinations in the Rías Baixas region. Its sheltered coves, a natural environment of great value, and the continued growth of tourism make this location an especially favorable market for asset investment and tourism ventures. The area boasts a strong and sustained demand for tourism, with high-season occupancy rates often exceeding 90%. In addition to vacation rentals, there is also significant interest in seasonal leasing.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment |
| Sale Type | Investment |
The property is being marketed together with the adjacent tourist residence, which has been renovated and is fully operational. The total price for the transaction is €354,000, which includes €169,000 for the commercial property and €185,000 for the residence.
Located on Rúa Estrada de Bueu, 61, just a two-minute walk from the beach, this asset represents an investment opportunity in one of the most attractive tourist areas of the Rías Baixas.
The original property spans approximately 208 m² (213 m² according to the land registry) and was formerly a restaurant. Of this space, 82 m² have already been successfully converted into a fully renovated tourist residence, ready for immediate operation.
The remaining 125 m² offer significant development potential. There is an opportunity to create two additional tourist apartments thanks to the following conditions:
- Building permit for the change of use approved in March 2026, valid for three years.
- Authorization from the homeowners' association for the installation of windows and access points.
- Ceiling height of 3.65 meters.
- Ideal project to establish a tourist operation consisting of three independent units.
The already operational residence allows for immediate profitability while the investor develops the remaining space at their own pace.
The area experiences particularly strong tourist demand, with occupancy rates during peak season regularly exceeding 90%. In addition to vacation rentals, there is also high demand for seasonal leases.
Aldán, in Cangas do Morrazo, is one of the most distinguished and sought-after locations in the Rías Baixas. Its sheltered beaches, privileged natural surroundings, and growing tourist interest make this area a particularly attractive market for property investment and vacation rental operations.
NOTE: In accordance with current regulations on transparency in real estate transactions, the published price does not include expenses or taxes associated with the transfer. The buyer will additionally be responsible for: ITP (Property Transfer Tax), AJD (Stamp Duty), notary fees, and registration fees. No fees are charged to the buyer. Energy Efficiency Certificate (CEE) is in process. LOV.
| Unit | Unit Size | Condo Use | Price | NOI |
| - | 2,238 SF | Retail | $410,868 ($183.59/SF) | - |
-
| Unit Size |
| 2,238 SF |
| Condo Use |
| Retail |
| Price |
| $410,868 ($183.59/SF) |
| NOI |
| - |
-
| Unit Size | 2,238 SF |
| Condo Use | Retail |
| Price | $410,868 ($183.59/SF) |
| NOI | - |
| Sale Type | Investment |
| Description | |
| The property consists of two spaces. The first is a 882 sq. ft. (82 m²) tourist rental, already renovated and operational, ready to generate income from day one. The second is the remaining unit, approximately 1,345 sq. ft. (125 m²), with an approved change of use (effective March 2026, valid for three years), a ceiling height of 12 ft. (3.65 m), and community authorization for the installation of windows and access points. It is prepared for the development of two additional tourist apartments. In total, the original asset covers approximately 2,239 sq. ft. (208 m²) or 2,292 sq. ft. (213 m²) according to the land registry.</li></ul> | |
| Sale Notes | |
| Exclusive sale of a commercial property with an approved change of use, ready to be transformed into two tourist apartments, located at Rúa Estrada de Bueu 61, Vilariño, Cangas, Pontevedra. <br> <br> The property is being marketed together with the adjacent tourist residence, which has been renovated and is fully operational. The total price for the transaction is €354,000, which includes €169,000 for the commercial property and €185,000 for the residence.<br> <br> Located on Rúa Estrada de Bueu, 61, just a two-minute walk from the beach, this asset represents an investment opportunity in one of the most attractive tourist areas of the Rías Baixas. <br> <br> The original property spans approximately 208 m² (213 m² according to the land registry) and was formerly a restaurant. Of this space, 82 m² have already been successfully converted into a fully renovated tourist residence, ready for immediate operation. <br> <br> The remaining 125 m² offer significant development potential. There is an opportunity to create two additional tourist apartments thanks to the following conditions: <br> - Building permit for the change of use approved in March 2026, valid for three years. <br> - Authorization from the homeowners' association for the installation of windows and access points. <br> - Ceiling height of 3.65 meters. <br> - Ideal project to establish a tourist operation consisting of three independent units. <br> <br> The already operational residence allows for immediate profitability while the investor develops the remaining space at their own pace. <br> <br> The area experiences particularly strong tourist demand, with occupancy rates during peak season regularly exceeding 90%. In addition to vacation rentals, there is also high demand for seasonal leases. <br> <br> Aldán, in Cangas do Morrazo, is one of the most distinguished and sought-after locations in the Rías Baixas. Its sheltered beaches, privileged natural surroundings, and growing tourist interest make this area a particularly attractive market for property investment and vacation rental operations. <br> <br> NOTE: In accordance with current regulations on transparency in real estate transactions, the published price does not include expenses or taxes associated with the transfer. The buyer will additionally be responsible for: ITP (Property Transfer Tax), AJD (Stamp Duty), notary fees, and registration fees. No fees are charged to the buyer. Energy Efficiency Certificate (CEE) is in process. LOV.</li></ul> |
Property Facts
| Total Building Size | 13,509 SF | Floors | 4 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 3,369 SF |
| Property Subtype | Apartment | Year Built | 2002 |
| Building Class | B | Lot Size | 0.08 AC |
| Total Building Size | 13,509 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 4 |
| Typical Floor Size | 3,369 SF |
| Year Built | 2002 |
| Lot Size | 0.08 AC |
Amenities
Site Amenities
- Elevator
Presented by
Rúa Estrada de Bueu, 61
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