Garage with potential change of use to housing in Guadalajara
- ~42 m² Plot surface
Description
Engel & Völkers exclusively presents an excellent investment opportunity in the urban heart of Guadalajara.
This ground-floor property enjoys a strategic location and stands out for its technical feasibility to carry out a project to change its use to a residential dwelling (ideal for a loft or designer urban apartment). A true blank canvas, perfect for maximizing returns through flipping or residential rental.
KEY PROPERTY DATA
- Area: 42 m2 built (37 m2 usable open-plan area + 5 m2 common areas).
- Façade: 4.37 linear meters with two independent entrances (large garage door and pedestrian door), providing exceptional architectural flexibility for a modern residential design.
- Natural Light and Ventilation: Rear orientation to a communal lightwell courtyard with two existing windows, which guarantees the mandatory cross ventilation required by technical regulations for the change of use.
WHY IS IT A STRATEGIC INVESTMENT?
- Ideal structure for conversion: By combining its wide frontage with double access and the two points of natural light and ventilation at the rear, the property makes it easier to meet the strictest habitability requirements.
- Space optimization: Its nearly 37 m2 of fully open-plan usable space allows the design of a contemporary Studio- or Loft-style concept apartment. This housing typology currently has very high demand and limited supply in the area.
- High profitability: The price per square meter of commercial space converted to residential in this area of Guadalajara offers one of the most competitive net profit margins in today’s market.
Ideal for: Local developers, investors seeking high-yield assets, or individuals who wish to design their own custom home in the city center.
Contact us to arrange a technical visit and discover the full potential of this asset.
- Object type
Parking
- Plot surface
~42 m²
Location: Guadalajara, Castile-La Mancha
La property is located in the central district, with direct connections to main roads such as Calle Zaragoza and Calle Capitán Boixareu Rivera (La Carrera).
- It is a well-established residential area with character, yet away from the excessive bustle of the most enclosed part of the historic old town.
- It is less than a 10-minute walk from both Plaza de Santo Domingo (the city’s main hub) and Parque de la Concordia, the central area’s quintessential green lung.
Street-level services (Premium neighborhood living)
You will hardly need the car for day-to-day life. Just a few meters away there is a full network of services:
- Health and Wellness: medical clinics, health centers, and pharmacies.
- Retail and Food: being next to Calle Zaragoza and the city center’s main shopping axis, there are supermarkets, fruit shops, bakeries, small traditional stores, and administrative agencies. In addition, the Mercado de Abastos is very close.
- Education: it is an ideal area for families due to the proximity of historic schools and high schools in the city (such as Liceo Caracense or Salesianos School).
Leisure and Surroundings
- Nearby you have the Bullring and the area around Paseo del Dr. Fernández Iparraguirre (the Paseo de las Cruces), a fantastic place to stroll, sit on its terraces, or enjoy the local gastronomic offering.
Connectivity and Transport
- Buses: proximity to the stops on Calle Zaragoza and Santo Domingo guarantees immediate connection to all urban bus lines that cross the city, as well as to the Guadalajara Bus Station and the Train Station (Renfe Cercanías) to go to Madrid.
- Car access: from its location you can get out relatively easily to the city ring roads and the A-2 Motorway.
Contact us to schedule your visit!
Your shop
Engel & Völkers Madrid MMC
Provider:
EV MMC SPAIN, S.L.U.
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