Rúa Real, 62 17,287 SF Retail Building Ponteareas, Pontevedra 36860 $947,844 ($54.83/SF)

INVESTOR OPPORTUNITY. Assignment of Auction Rights derived from a judicial auction; the assignment amount must be approved by the competent court. The steps to follow for this type of property are as follows: • Property originating from a public auction. • Non-mortgageable property. • Property without possession (cannot be visited) / Occupancy status unknown. • The sale will be conducted through the court itself. • The timelines for the sale and registration in the Property Registry are determined by the court. • All information related to the auction can be consulted in the Official State Bulletin (BOE). Hotel built in 1995, ideal for hotel operation, conversion, or investment purposes. The establishment features 36 fully equipped rooms (air conditioning, full bathroom, TV, climate control, telephone, safe, WiFi) and meeting rooms. REGISTERED AIR RIGHTS (according to the Simple Registry Note): - Possibility to add one or more floors to the current building. - No need for authorization from the Homeowners' Association. - Ability to redistribute participation quotas. INCLUDED INFRASTRUCTURE: - Two floors of private parking. - Access via Calle Real and Calle Bajada al Matadero. - Built area: 1,607.11 m². Information regarding air rights is provided for guidance based on registry documentation. Its current validity and the urban feasibility of future expansions are not guaranteed. The buyer must verify the registry and administrative status before formalizing the contract. The seller declines all responsibility for compliance with urban planning regulations and obtaining licenses. IKESA Real Estate informs that it does not charge any commission for properties originating from Financial Entities and Investment Funds, as well as new construction projects. The price does not include expenses that may legally correspond to the buyer, such as ITP (Property Transfer Tax), VAT, Notary, and Registry fees. IKESA is an accredited agency for various Financial Entities. We have a wide portfolio of Real Estate Assets; feel free to contact us without obligation.