Singular Investment Opportunity
Prime Oceanfront Property, Castro Urdiales
€475,000
~3,820 m² Plot surface
Description
Engel & Völkers presents a unique investment opportunity: a 3,820 m² urban plot with an existing 1,203 m² building, located in Allendelagua, Castro Urdiales, in the La Tuera neighborhood, offering priceless views of the Cantabrian Sea.
This strategic location holds great potential for tourism and hospitality projects, especially with the new government initiatives to promote tourism in Cantabria. A restaurant-brewery project was previously approved, further highlighting its suitability for such businesses.
Currently, the plot is classified as consolidated urban land under the PGM of 1996 and designated under Municipal Ordinance No. 7: Single-Family Housing (Grade 4). An administrative process for a change of use is required in coordination with the City Council and the Regional Government, considering its status under the 1988 Coastal Law.
Key Features:
- Prime seafront location.
- 3,820 m² of land with an existing 1,203 m² building.
- Potential for a restaurant, hospitality, or rural tourism project, subject to urban planning approvals.
- Possibility for hotel or residential development, in accordance with urban planning parameters.
- A unique investment opportunity in a growing tourist area.
For more details on urban planning conditions and potential developments, contact us today. Don’t miss out on this exceptional opportunity in one of Castro Urdiales’ most sought-after locations!
Prime Location in a Unique Setting
This urban plot of 3,820 m² is located in Barrio La Tuera, Allendelagua, within the municipality of Castro Urdiales, one of the most attractive towns on the Cantabrian coast. Its seafront location offers unparalleled panoramic views of the Cantabrian Sea, in a tranquil and natural environment, making it an ideal site for tourism, hospitality, or residential projects.
Allendelagua is a charming and historic area, just minutes from the center of Castro Urdiales, a coastal destination known for its rich historical heritage, stunning beaches, and vibrant gastronomic and cultural scene. The plot enjoys excellent connectivity, with quick access to the A-8 highway, allowing travel to Bilbao in under 30 minutes and Santander in approximately 45 minutes.
This location combines the serenity of a natural setting with proximity to all essential services, including shops, restaurants, healthcare centers, and schools. Its close connection to major tourist routes and direct access to the coast make it a strategic location for investors in the tourism and hospitality sector.
A unique opportunity to develop a project with spectacular views in one of the fastest-growing areas of the region.