€ 690,000
Commercial for sale in Ourense city, Orense
- 216 m2
- 5
- 6
- 46 m2
Description
Located in the historic heart of Ourense, just steps from the iconic 12th-century cathedral and within the vibrant Zona de Vinos, this traditional four-storey stone building presents an exceptional turnkey investment opportunity. Restored to combine authentic Galician architectural heritage with modern functionality, the building comprises four self-contained residential units and a street-level commercial space.
The exterior features a beautifully preserved historic stone façade, complete with classic French balconies and wrought-iron railings. Floor-to-ceiling double doors opening onto the balconies on each level allow natural light and fresh air to fill the living areas, while original interior details, including exposed solid-wood ceiling beams and feature stone walls in the bedrooms, highlight the building's rich architectural heritage.
The independent street-level commercial space is currently operated as an established eatery, offering an opportunity for recurring rental income.
Three light-filled one-bedroom apartments feature identical, highly functional layouts. Each opens into an open-plan, loft-style living and dining area with a compact kitchenette, a comfortable sofa bed, a dining set and French balcony doors. A short central hallway leads to a modern bathroom and a quiet double bedroom at the rear of the building, providing a peaceful retreat away from street activity. The upper-floor apartments benefit from progressively greater natural light.
The larger top-floor apartment features an expanded loft-style living area, a principal bedroom with an en-suite bathroom, and a second double bedroom served by a second full bathroom off the main hallway.
The entire building has undergone comprehensive interior refurbishment and is offered fully furnished. The kitchenettes are equipped with induction hobs, built-in microwaves and mini-fridges. Each residential unit also benefits from individual wall-mounted split-system air conditioning providing heating and cooling, wall-mounted smart TVs, high-speed fibre-optic internet, warm recessed LED lighting, wood-effect flooring and contemporary bathrooms fitted with walk-in showers featuring hydromassage shower columns.
Situated on a prime pedestrianised corner in Ourense's historic centre, the property is within easy walking distance of the famous As Burgas thermal springs, artisan markets and local gastronomic destinations.
This property offers a dual-income investment model combining a tenanted commercial premises with four licensed tourist accommodation units. Registered with the Galician Register of Tourism Businesses and Activities (Rexistro de Empresas e Actividades Turísticas de Galicia, REAT), the property is presented as a turnkey investment with the potential to generate rental income from both the commercial and residential units.
This asset is ideally suited to private investors, hospitality operators or family offices seeking a fully operational, income-generating property in one of inland Galicia's most popular cultural and thermal tourism destinations.
Features
- Commercial
- Bedrooms: 5
- Bathrooms: 6
- Build Size: 216 m2
- Plot: 46 m2
- Energy Certificate (Consumption): D
- Energy Certificate (Emissions): D