Townhouse for sale in Casco Antiguo, Seville city, Seville

Magnificent building of approximately 980 m² built, located in the heart of the Old Town, with elevator and an excellent investment opportunity thanks to its current tourist exploitation and its significant expansion potential.

The property is distributed in:

Ground floor: currently with the possibility of being used for the creation of new apartments.
First floor: large house of approximately 300 m².
Second floor: 4 tourist apartments, all of them with 2 bedrooms, currently in full operation. Among them is a penthouse with a private terrace.
Communal terrace of the building, for use of the property.
Elevator.

Profitability

Currently the tourist apartments generate approximately €8,000 gross per month, being in full operation.

Scaling potential

There is the possibility of expanding the farm to reach 9 apartments with similar characteristics, using part of the ground floor, which offers a significant potential for increasing income.

Possibility of building extension

In addition, there is the possibility of acquiring an adjoining building/house, which would allow approximately 1,000 m² of additional construction to be incorporated, for an increase of €2,500,000 over the sale price.

A property with multiple possibilities: tourist exploitation, expansion of the number of units, maintenance of a large house and the possibility of considerably increasing the built area, all in a privileged location in the Old Town. (Ref. 181561)