Engel & VölkersEngel & Völkers
Exterior of a long, two-story, white building with multiple windows and doors. The building appears aged and in need of repair.

E&V sells three buildings for full restoration in Santiago

€518,000
  • ~750 m² Total surface
  • ~372 m² Plot surface
  • Construction year 1956

Description

There are three adjoining houses located in one of the most strategic and busiest areas of Santiago de Compostela. Situated right at the pilgrims’ entrance, these properties offer unmatched potential thanks to their 748 m² of built area distributed over a ground floor and two upper levels. The standout asset is a spectacular 250 m² rear courtyard, a private oasis rarely found in an urban setting. The structure requires a complete renovation, allowing plans ranging from an exclusive boutique hotel to highly profitable tourist apartments. Its visibility and constant flow of visitors guarantee the success of any commercial venture. Now is the time to turn this space into the city’s next landmark.
Features
GarageGarden
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Engel & Völkers Santiago de Compostela

Your advisor: Andrés Fernández

Property ID: W-048X44

Property details
  • Object type

    Investment

  • Garages

    4

  • Total surface

    ~750 m²

  • Plot surface

    ~372 m²

  • Garden surface

    ~250 m²

Energy efficiency information
  • Construction year

    1,956

  • Energy certificate available

    In progress

Location: Santiago de Compostela, Galicia

The location is very good: Rúa Fontiñas street, integrated between the Concheiros and Fontiñas neighborhoods, excellently connected to the road network with access to and from the city. It is 300 meters from Avenida de Lugo and just a few meters from the two largest shopping centers in the city, both Área Central Shopping Center and Cancelas Shopping Center. It is a route used by pilgrims heading to Santiago Cathedral; along there they walk their final meters toward the long-awaited goal: embracing the Apostle Saint James. Hence the area’s urban development, with new buildings, others restored, and numerous street-level businesses, including hospitality—cafés, accommodations, restaurants—pharmacies, etc.

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