Commercial for sale in Coaña, Asturias

Are you looking for a highly profitable project in a prime location in Western Asturias?

We present a unique property in El Espín (Coaña), strategically located opposite the national road and just a short distance from the center of Navia. A complex that combines the charm of traditional construction with the potential of a new-build development.

1. Main building: character and visibility

A traditionally constructed building with structural protection that safeguards its historical and aesthetic value.

• Ground floor: spacious commercial premises with maximum visibility on the national road. Ideal for a business or for conversion into homes.

• First floor (200 m²): open-plan space with high ceilings and multiple possibilities. Perfect for a large luxury home, division into two spacious apartments, or highly sought-after tourist apartments.

• Basement and attic level: storage space and garage with convenient side access.

2. Rear plot: a diamond in the rough

The total property covers 900 m², including approximately 500 m² of urban land at the rear, ready for vertical development:

• Buildable potential: possibility of constructing a new block of up to 4 floors plus an attic level, set back from the boundaries by half the height of the building. One option to explore would be to subdivide two 200 m² plots for construction and determine the resulting floor area after setting the building back from the boundaries.

• Views: privileged orientation with direct views of the spectacular Navia Estuary.

• Flexibility: minimum plot size of 200 m², allowing a detailed planning study to optimize the building footprint.

Why invest here?

1. Prime location: next to Navia, the area’s economic hub (Ence, Reny Picot, Astilleros Armón, industrial estates, etc.), guaranteeing constant demand for housing and services.

2. Dual profitability: combine the renovation of the historic building (immediate income from rentals, a business, or housing) with a new-build real estate development.

3. Unique surroundings: the perfect balance between urban convenience and the natural beauty of the Asturian coast, with views of the Navia Estuary.

An exceptional opportunity for developers or families seeking a life project with their own business and residential expansion.