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Commercial Property With Penthouse Apartment For Sale in Facinas, Tarifa, Cadiz, Andalucia,  Southern Spain

Investment commercial Property With Penthouse Apartment For Sale in Tarifa, Cadiz Spain

Investment Opportunity - Commercial Building with 2 long term tenants giving an annual income of  €14,000

Asking Price reduced to: €350,000  (Negotiable - Financing Available).  

Plaza De La Paz,2
Facinas,Tarifa
Tarifa
Cadiz 11391 Cadiz, Andalucia
Spain  

Constructed  1950.

Terrace with Mountain Views

Investment Opportunity giving a 4% income at the asking price. The premises also include a luxury penthouse duplex apartment for your own use or additional income from holiday letting!

Contact the owner, Lydia Hatvany, at
lydia@healing-art.net

Front of the Property showing the bank on the right hand side, the post office will be taking the left accommodation.

The reception hall to the penhouse appartment The second bedroom of the appartment The large airy living space

The lounge looking towards the terraceh
Mouse over any picture to enlarge it, on the right are images of  Facinas and the area.

 

Location map here

 

  

 

 

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El Milagro, a large fully modernised and restored commercial & residential property benefiting from a new roof, new windows and doors, a fully fitted modern bathroom and kitchen. All making for a very attractive commercial investment opportunity in Andalucia, Southern Spain

It has mains electricity and mains drinkable water in the heart of Facinas, on the edge of Europe's largest natural cork oak forest.  Situated on the Plaza de Paz opposite the town hall gives the ideal environment to grow into a thriving business community within the town. With existing long term commercial tenants providing a grade one income, penthouse apartment, all legal paper work and scope for further development this property is now being offered as an commercial investment opportunity in Andalucia, Spain at the reduced price of 695,000 €.

The ground floor sales area has been sub divided into three separate units, two of these have been occupied by La Caixa, one of Spain's largest national banks and El Correo, Spain's national post office. Both companies have signed long term commercial rental agreements generating a monthly income of around 1200€, a perfect investment. The third sales area is under negotiation with a local business person who is looking to relocate to El Milagro . All ground floor units have their own private entrances and washroom facilities. The bank has an ATM cash machine on the outside wall,  one of two cash machines available in the village. This machine alone generates regular traffic to the building and would be an incentive for anyone wanting to rent further commercial office space.

The main entrance to the rest of the property is through a large double door situated at the end of the building next to the post office, the double doors lead into a small, and airy lobby with lockable storage facility, this store room could also be used as office space, small retail outlet or even a small studio apartment and has the advantage of having a window and electricity already in place. From the entrance lobby a large marble staircase leads to the fist floor landing which benefits from a large picture window overlooking the village and the La Janda bowl. There are two double doors, one leading to the first floor sales area which at the moment is being marketed as office space but would also make an ideal sales area, school, fitness centre, gallery, art studio etc. It could even be turned into further residential living areas, the second double door leads into the Penthouse, duplex apartment.

Entering into a spacious, light and airy reception hall with access to the second double bedroom, small washroom, and lockable storage. The second bedroom comfortably accommodates a double bed or two singles and has large a window overlooking the Plaza de Paz, the small self contained washroom contains a w.c, sink and shower, the lockable storage cupboard is under the feature marble staircase which leads to the main living area of the apartment.

The main living space benefits from an abundance of natural light from it's elevated position and panoramic windows with views overlooking the open countryside, mountains, natural park and the village. The open plan design gives a light and airy feeling to the space and has the benefit of a modern fully fitted kitchen with beautiful wooden work surfaces and butler sink, feature wood burning stove, air conditioning, heating and satellite television.

There is a separate master bedroom with ample built in wardrobe space and easy access to the modern bathroom which benefits from a full size bath and multihead shower unit and as the rest of the apartment has fantastic natural light.

From the living area a door leads to the roof terrace which has excellent all round views of the park, mountains and countryside, there is a small storage facility, which has been plumbed in for a washing machine and there is a wooden staircase leading to a further roof terrace.

The Penthouse/Duplex apartment remains free for owner occupation or can be used for either holiday or long term lets thus increasing the earning potential of the investment, we are marketing the apartment through several letting sites on the internet, local advertising and through this website. We would be more than happy to provide all relevant information to potential buyer should they wish to continue renting the apartment. Alternatively the apartment would make a great home whilst running the building as a business, the scope is endless.
Offers are invited in the region of 695,000€ for the freehold of the entire building and all legal documentation for both the building and the existing commercial tenants.

There will be a website with further information about the area and it's activities coming very soon, in the meantime please google Facinas to gain more information.

Services:-

Mains electricity is connected. 
Mains water is connected. 
Mains sewerage is connected. 
Broadband web access is installed. 
Telephone installed. 
Sky Television installed.

The Surrounding Area

The small village of Facinas lies in the western part of the Campo de Gibraltar in the province of Cadiz, Andalucia, Spain. It is the most densely populated zone within the municipal boundaries of Tarifa.
The village is located between two Natural Parks, “Los Alcornocales” and the “Litoral del Estrecho de Gibraltar”, between the towns of Vejer (32 km) and Tarifa (16 km). It lies on the eastern side of the N-340 Cádiz - Algerciras highway and is just ten minutes away from the beautiful beaches of Bolonia and Valdevaqueros.

Facinas occupies the south-western end of the Cordilleras Béticas mountains. It lies on the north-western skirts of the Sierra de Saladaviciosa range which, together with the Fates and Enmedio ranges forms a mountain chain running through the municipal area of Tarifa. The village overlooks the bowl of the now dried up Laguna de la Janda.

Investment commercial residential property sale Andalucia Southern Spain. Invest property. Invest in Spanish commercial property with accommodation