Illetes.REFORM OPPORTUNITY - 8 Bedroom Villa In Excellent Location With 11 Shop Units

8 5 395 m² 2600 m²

OPPORTUNITY - Spacious & centrally located 8 bedroom villa in need of complete restoration throughout, in an excellent location with all amenities and the fabulous beaches of the upmarket SW resort Illetes close by. Close proximity to both Cas Catala, San Agustin with all the infrastructure of these areas.Sale to include 11 retail shop units adjacent to the property.

TREMENDOUS REFORM OPPORTUNITY IN EXCELLENT LOCATION.Large detached house with a total area of 2,895m2; 450m2 built and 1,950m2 plot.

To be completely renovated. Perfect property for investors. At the moment it has about 8 rooms plus two smaller ones, 5 bathrooms, kitchen, laundry.

Built on two levels with two side terraces with partial sea views and another larger terrace with views.

A possibility of renewing the hostel license that it had originally.

At the moment there is an independent house, built in 1936, which has a demolition license.

There is the possibility of either renovating the existing house and living in it, or executing the parking project.
The home does not have a license to increase or decrease the number of square meters.Once the house has been demolished, there is no permit to rebuild it.
 

This property also has 11 commercial premises that produce a monthly rent of around EUR 4,000.
The property is sold with the commercial premises for EUR 1,950,000