€ 695,000
Building Plot for sale in Tarifa, Cádiz
- 137 m2
- 1
- 137 m2
Description
Unique investment opportunity: commercial premises - strategic plot in Tarifa's prime area
Unbeatable location: 11 Batalla del Salado Street, Tarifa. Located on the busiest artery, just meters from Avenida de Andalucía and the emblematic Arco de Jerez.
Property description: Currently presented as a 137 m² ground-floor commercial space (former restaurant), with an exceptional 8-meter long façade facing Batalla del Salado Street, ensuring maximum visibility. It features a functional layout (counter, open area, bathrooms, kitchen/storage) and access to an upper terrace.
Added value: Potential for plot and urban development. This acquisition is not just a local; it is the purchase of the entire plot in Tarifa's area with the highest appreciation potential, offering a wide range of possibilities:
Immediate exploitation: Maintain and renovate the premises for any high-yielding commercial activity.
Mixed use: Renovate and adapt the premises, with the possibility of building your own residence or apartment on the upper floor.
Property development (maximum profitability): Demolition and development of a residential/commercial building, as the neighboring property has done.
Key urban parameters (according to partial plan):
Buildability: Allows three floors (ground floor + 2), with 80% plot occupancy, plus an attic floor with 35% occupancy.
Logical development strategy: Ground floor for a high-value commercial space, and upper floors (1st, 2nd, 3rd) for high-demand apartments. It is recommended to include a light well to optimize occupancy and comply with regulations.
Construction advantage: The existing foundation allows phased construction, enabling start with the renovation of the commercial space and later add the residential floors.
An exceptionally attractive investment: The purchase price aligns with the market value of a commercial space (approx. $5,000/m² reference), but with the invaluable added value of the plot and broad building possibilities. This duality makes the investment an unparalleled financial opportunity, whether for self-use, residential development, or tourist rental.
Features
- Building Plot
- Bathrooms: 1
- WC: 1
- Build Size: 137 m2
- Plot: 137 m2
- Energy Efficiency Rating: In Progress