Great opportunity! Purchase! Large townhouse (296m²)
Exciting opportunity-Large town house, sort after area, requires complete renovation.
A stunning property some 296m² set on a road within the old town of Cehegin, Murcia.
The asking price set at €35,000 reflects a price per metre of €118 per m² A renovated property of this type would return a value of €800 per m² making this property worth more than €230,000 once renovations are complete.
We estimate the renovations would cost circa €50,000. Also, and with the correct permissions the property could be utilised as 2 properties, 2/3 apartments or a small boutique hotel.
Furthermore, this property is in road of similar properties most of which have been renovated to a high standard, therefore making this a perfect redevelopment proposition.
Additionally, the property has many original features.
The property has mains water and electricity.
To the left of the property are steps leading to a small Plaza and a short walk leads to the main plaza of the town with stunning views of the town and surrounding countryside.
To the rear of the property is a large store which lends itself to a workshop and/and or storeroom.
Entering the property at street level you will be instantly struck by the space this property offers and will also be impressed by the curved marble staircase that greets you.
Moreover, the entrance hall has high ceilings and has the stunning benefit of some original architraves. Also, the staircase has ornate wrought iron balustrades and the marble on the steps in good condition The marble, cleaned, would not need replacing.
To the right of the entrance hall is a large room which clearly lends itself to an elegant dining room.
This room has a window to the front of the property and a fire place which, if opened and/or have a wood burner fitted would be a stunning focal point.
To the back of the dining room is the independent kitchen. This is a spacious room and has ample room for a spacious fitted kitchen to be installed.
The kitchen has a window to the right and a large pantry to the left.
All electrics and plumbing are installed but would benefit from upgrading,
To the left of the hall, there is a door which leads to a spacious inner hall and another curved staircase.
Off the hall there are two further to rooms, one to the front and one to the back. We believe with the removal of the staircase this area could be reconfigured to make a large lounge with a ground floor bedroom en-suite.
To the back of the hall there is an outdoor terrace.
There are 5 rooms plus a bathroom on this floor. This is a blank canvas for the discerning buyer.
The 2nd floor consists of 5 rooms together with a roof terrace part of which is covered.
We really recommend an early viewing for this ‘Exciting opportunity-Large town house, sort after area, requires complete renovation’
Great opportunity! Purchase! Large townhouse (296m²) Cehegin North West Murcia