Building For sale

Building for sale in Figueres

Plaza de les patates,8, Figueres

990.000 €

Ref: 01FIG

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1363 m² Built area

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Description

Set of 14 apartments to refurbish in a historic building in the heart of Figueres' Barri Vell

Excellent investment and property development opportunity in one of the most singular and recognisable locations in the centre of Figueres.

Offered for sale is the set of 14 apartments located on the mezzanine, first, second and attic floors of an emblematic historic corner building between Carrer Muralla and Plaça de les Patates, in the heart of Figueres' Barri Vell.

An exceptional location, just a few metres from La Rambla, the Teatre-Museu Dalí and the city's main commercial, cultural and tourist hubs, within a consolidated urban environment with all services a few minutes' walk away.

The transaction represents an interesting opportunity for developers, investors or asset holders looking to develop a residential project in the centre of Figueres, with a major advantage over other refurbishment projects: a large part of the most complex and costly structural and exterior works has already been carried out.

A historic building with the exterior already restored

The building enjoys heritage protection, Level 3 of the Pla Especial de Protecció del Centre Històric, and has undergone major works aimed at preserving and recovering its original architectural elements.

The structural and exterior refurbishment already completed includes, among other works:

* Complete restoration of the façades, respecting traditional architectural criteria and recovering original elements.
* Finishes in lime mortar stucco.
* Preservation and recovery of the original ashlar stonework on the ground floor.
* Consolidation and reinforcement of the timber floor structures.
* Renovation of the roof, incorporating a new volumetry and terraces linked to the attic apartments.
* Restoration of the entrance portal.
* Recovery of original ironwork and ornamental elements.
* Structural improvement works that now provide a solid base on which to carry out the interior refurbishment of the apartments.

This allows the future buyer to focus the investment mainly on layout, installations and interior finishes, avoiding a good part of the uncertainties and costs usually involved in tackling the structural and exterior refurbishment of a historic building from scratch.

14 apartments with great transformation potential

The residential complex offered in this sale consists of 14 apartments distributed across the mezzanine, first, second and attic floors, with approximately 1,118.80 m² built in total.

The apartments have surface areas and configurations that allow different residential typologies to be developed, adapting them to current market needs.

The interiors are currently awaiting full refurbishment, so the future owner will be able to define the layouts, materials, installations and finishes according to the final positioning of the project.

Works to be carried out include, among others:

* New interior partitions.
* Electrical installations.
* Plumbing and drainage installations.
* Air conditioning.
* Kitchens.
* Bathrooms.
* Flooring.
* Wall and ceiling coverings.
* Interior carpentry.
* Equipment and final finishes.

This condition makes it possible to develop a residential project practically from a blank canvas, while starting from a building whose structure, roof and façades have already been restored.

The attic apartments also enjoy a particularly attractive configuration thanks to the newly created volumetry and the addition of private terraces, adding distinctive value to the upper units.

Two acquisition options.

Location

Location is approximate for privacy reasons.

Mortgage calculator

— /month
Price 990.000 €
Down payment 198.000 €
Financed 792.000 €
€
years
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Approximate total purchase cost, taxes and fees included: 1.114.000 €

Non-resident? Banks finance 60-70% of the value — we handle it for you. See GC Finance →

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