L'Hospitalet de Llobregat, Catalonia, Address available on request

Thibaut Montalat, your reference real estate advisor in Hospitalet de Llobregat, presents: Santa Eulalia neighborhood, industrial building from 1930 in excellent condition, with a usable area of 485 m² and a basement of 100 m².

Historic building designed by architect Julio María Fossas in 1911, used as an oil warehouse and cellars. Located in a central and sought-after area of Hospitalet de Llobregat, near Sants Station and the City of Justice of Barcelona. It has a cadastral area of 531 m² on a 308 m² plot.

This building offers enormous possibilities. Project for a total renovation and the implementation of 4 apartments on the first floor, with a building permit granted for the change of use to residential. There is the possibility of changing the use on the ground floor to transform the entire building into residences, complying with certain requirements from the City Council. Space is provided for the installation of an elevator.

The building is sold as is, with a basic project for the change of use and Technical Compatibility Reports from the City Council available.

Building with great potential due to its location and profitability possibilities, with an average tourist occupancy of 81% and an annual profitability of 15-20%.

Contact me for more information. Commission included in the price.