Hotel for sale in Luarca, Valdés, Asturias

Investment opportunity in the center of Luarca (Asturias): Ideal building for a hostel or tourist accommodation. A unique building with great tourist potential is offered for sale, located in the heart of Luarca, one of the most attractive towns on the Asturian coast and a key point on the Northern Way of Saint James. Just a few meters from the pilgrims' promenade and with excellent commercial visibility, this property has all the conditions to become a charming hostel or a reference tourist accommodation in the area.

The building, built in 1968, retains a characteristic facade with arches on the ground floor and wrought iron balconies, which make it stand out architecturally within the urban environment. Its interior distribution offers multiple possibilities for renovation and redistribution according to the exploitation project that is to be carried out.

Current distribution:
Ground floor: old commercial premises (shoe store), with access to the main staircase of the building.
First floor: bright apartment with living room and bedroom facing east (Asenjo street), plus kitchen and bathroom overlooking Peña street.
Second floor: three spacious bedrooms and a full bathroom.
Third floor: independent space with kitchen, bathroom, small living room and two bedrooms.

The building needs interior renovation, which allows it to be completely adapted to the needs of the buyer: from a modern hostel for pilgrims, to tourist apartments or multi-family housing. The structure and facade are in perfect condition, which facilitates the development of the project.

Key investment advantages:
Central and very busy location
Close to the Northern Way of Saint James
High tourist and profitability potential
Facade of architectural value
Ideal for hostel, tourist apartments or coliving.