Sold

€1,995,000 Building

Exceptional investment opportunity in a beachfront building in Playa de la Malvarrosa

  • VAL3072
  • 16 Bedrooms
  • 16 Bathrooms
  • Size 709m² (7,631ft²)

Excellent investment opportunity; hotel, restaurant and home facing the sea in Playa de la Malvarrosa.

This building is situated on the stretch of the Paseo de la Malvarrosa where we find the Hotel Las Arenas, making it the strip with the greatest tourist attraction. In front of the sea and surrounded by restaurants and hotels we find an area as fashionable and bustling as the Paseo Neptuno. The building offers a great opportunity for all types of investors who want to position themselves in the hospitality sector in Valencia. It comprises of a ground floor plus 2 further levels. It requires complete renovation due to the fact that the building has been out of use for a long time. Its main use is Tertiary however the upper floors could be put to residential use providing the inhabitant is the owner or another employee.

Features

  • Balcony
  • Sea views
  • To renovate
  • Terrace
  • Period features

Distribution

  • Ground floor plus 3 levels with different terraces, to be renovated

Location

Google map

Playa de la Malvarrosa is located between the cities of Alboraya and Acequia de la Cadena street.

This urban beach with golden sand has a lifeguard service, sun loungers and sporting activities such as a beach volley-ball centre and many beach bars. Furthermore, you find every necessary service all year round including supermarkets, medical services, pharmacies, restaurants, ice-cream parlours and a gym.

It is one of the most attractive parts of the promenade with its numerous restaurants and cafes. The impressive hotel and thermal baths, Las Arenas, stands out, situated right in front of the sea, here you can enjoy its excellent facilities such as a spa and beauty centre.

Only 10 minutes from the centre, Playa de la Malvarrosa is well connected to the rest of the city via buses, trams, taxis and the Valenbisi bicycle hire service.

Contact us about this property

VAL3072

  • €1,995,000
  • Building Sold
  • 16 Bedrooms, 16 Bathrooms
  • Size 709m² (7,631ft²)
  • Plot size 327m² (3,519ft²)

Location

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