Calle Huelva

MONTEFRIO, GRANADA

Large three-storey residential/commercial property in excellent condition

LOCATION

 

CALLE HUELVA, MONTEFRIO, GRANADA

€370,000

  • Total Built Area: 810 m2

  • First Floor 4 Bedroom apartment (200 m2)

  • Ground Floor Commercial Space (278 m2)

  • Basement Garage/Storage (332 m2)

This is a fabulous investment/commercial/residential opportunity of anyone wanting to generate income from a property or live on site of their own commercial enterprise.

Built in 2006, this three-storey building has so many potential uses and plenty of commercial scope.

Montefrio is a thriving agricultural and tourism hub, so it is no surprise that the ground floor commercial space has current tenants paying a monthly rent of €500.00. The town has also been listed in National Geographic magazine for several years as being in the Top 10 of Best Views in the World

This property, therefore, offers many options - a large apartment; space for any kind of commercial venture or even a creative studio and a huge lower ground warehouse/garage.

There is separate access to the first floor apartment, and this living accommodation has been finished to a very high standard. From the ground floor entrance hall, there is access to the lower ground garage and the ground floor commercial space.

First Floor Apartment (200 m2)

The apartment is in very good condition throughout, completed to a high specification. Very spacious entrance hall with entry phone and wardrobe storage space. Master bedroom with walk-in clothes closet and ensuite bathroom with shower, bidet WC and basin.

Large living/dining room with doors onto one of the terraces.

Kitchen/breakfast room with doors onto the terrace shared with the living room. Walk in larder that contains the boiler for the kitchen hot water. There is space for a fridge/freezer and a microwave, and there is a hob and oven installed.

Two further large double bedrooms, with wardrobes. Single bedroom/study.

Large family bathroom with corner bath/jacuzzi, bidet, twin wash basins and WC.

At the rear of the apartment, there is a large south-facing terrace and a utility room with plumbing for a washing machine and a boiler for the bathroom hot water supply.

The apartment has electric heating and air-conditioning throughout, with high quality marble tiled floors and plenty of natural light. The windows are all double-glazed and have persiana shutters.

Ground Floor Commercial Space (278 m2)

The ground floor space is currently tenanted until June 2024 to a Stihl agricultural machinery dealership and workshop. It was previously a commercial bakery. The space has a private door, separate from the apartment, and a large shuttered entrance portal. Inside, there is so much room for any commercial venture, complete with showroom space and high ceilings, separate storage rooms and a small office. Forecourt parking. Rental currently being generated is €500.00 per calendar month and the tenant pays their own utilities. Thoughts for future use: continue with agricultural machinery tenants; vehicle maintenance/repair; a ceramics studio/showroom; bakery; solar/heating contractor; ironmongers/plumber/electrical wholesaler; bicycle and e-bike hire and maintenance for tourism. The possibilities are endless.

At the rear of the commercial space there is access to a ground floor terrace.

Basement Warehouse/Garage (332 m2)

There is access to the basement via a staircase from the ground floor hallway belonging to the apartment and via a driveway down through large doors. This vast space could be used for all manner of purposes; it is currently used as storage for the tenants on the ground floor.

Vicinity

The property is in a mixed development area on the edge of Montefrio, with residential property and small commercial units. On Calle Huelva, there is a bar and small supermarket, and there are other bars and supermarkets (including a Coviran) in neighbouring streets.

Within walking distance, there is a Middle School, a municipal outdoor swimming pool and a sports field. The pretty historic centre of Montefrio is also within easy reach.