Engel & Völkers
New
A narrow street view of old stone buildings leading to a church steeple under a blue sky.

E&V sells entire building, with ground floor and three stories in el Franco, Santiago de Compostela.

€1,200,000
  • ~855 m² Total surface

Description

The building dates back to 1925, with 855m2 constructed, a ground floor of 486m2, and three floors of 123m2 each. The main facade is made of stone, with flush wooden joinery, a terrace, a forged balustrade balcony, and a traditional gallery on the rear facade. The roof of the building is a gable type with local tiles, with the ridge parallel to the street. A characteristic feature of the roof is the presence of a skylight over the staircase shaft and a small ventilation and lighting patio over another area of the building, which allows ventilation of the interior spaces on the upper floors. On the same plot, there is another building, with a ground floor and two stories, housing the facilities and dining rooms of the restaurant that operated for years on the ground floor, with a service entrance from Avda. de Rodríguez de Padrón and the main one through Calle del Franco. The ground floor is well-conditioned, and the other three floors are for complete rehabilitation. The property's roof is new, as is the gallery. The building is a gem from the early 20th century, ideal for investors, with the potential to create apartments on the first, second, and third floors, and dedicate the ground floor, which is the largest, to business.
Features
BalconyTerrace
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Engel & Völkers Santiago de Compostela

Your advisor: Alberto Valdés López

Property ID: W-048CYM

Property details
  • Object type

    Investment

  • Condition

    Partly Rehabilitated

  • Number of Floors

    4

  • Total surface

    ~855 m²

Energy efficiency information
  • Construction year

    1925

  • Energy certificate available

    In progress

Location: Santiago de Compostela, Galicia

The location is unique, the mythical Franco street in Santiago de Compostela, is one of the most emblematic and busy streets of the historic center. It is located a few steps from the Santiago Cathedral, making it a very lively and bustling place at any hour, especially at the end of the Camino de Santiago. The street is famous for offering a wide range of restaurants, tapas bars, seafood restaurants, and traditional taverns. It connects the streets of Porta Faxeira with the Plaza del Obradoiro, where the Cathedral proudly stands. Its name, Franco street, comes from the "Franks" (foreign pilgrims) who settled in the area during the Middle Ages to serve the walkers, turning the street into a hospitality epicenter for centuries. On the facades of the houses on this street, symbols like the pilgrim's shell, the tree, and the stars of the university's coat of arms can be seen. The adjacent streets are the well-known Rúa do Vilar and Rúa Nova, which along with the Plaza del Obradoiro and de la Quintana are the heart and soul of the Historic Center. The Rosalía de Castro-Lavacolla Airport is the closest to the Galician capital, just 11km away.

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Engel & Völkers Santiago de Compostela

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