€125,000

An opportunity for investors: commercial premises convertible into homes

Two large commercial units for sale with the possibility of a change of use to residential in Alcúdia de Crespins (Valencia). This is a good option for investors or developers looking to create housing. The property comprises two units of 580 sqm and 142 sqm, with many possible residential uses, plus a separate storeroom and a small warehouse accessible from a rear street.

The main unit of 580 sqm allows several homes to be designed, from modern two-bedroom apartments to more compact solutions ideal for single people or couples. The dimensions of the second unit, 142 sqm, also allow several practical residential units to be created, with loft-style layouts or one-bedroom apartments with a living room, open kitchen and full bathroom.

The property has an inner courtyard that separates the existing buildings and adds value as a communal or landscaped area. On one side of this courtyard there is a further building, with the potential to be converted into two independent apartments. In addition, the 194 sqm storeroom at the rear of the main unit has its own entrance from a parallel street, making it easy to develop separately or as a second phase of the project.

This is an excellent opportunity for anyone seeking a return through a property conversion project. Its location in Alcúdia de Crespins, well connected by train and motorway, makes it a strategic investment in the province of Valencia.

Features: * 2 commercial units with the possibility of a change of use to residential * Areas of 580 sqm and 142 sqm respectively * Scope to create several 1 or 2 bedroom homes * Inner courtyard with access to an additional warehouse * Side building with the option of 2 further apartments * Rear storeroom of 194 sqm with independent access from a parallel street * An ideal project for developers or property investors

Our fees are payable by the seller.

TAXES AND COSTS PAYABLE BY THE BUYER: - Transfer tax (ITP), calculated on the higher of the sale price or the cadastral reference value. Although it is generally 10%, this tax can range from 3% to 10% depending on the buyer's circumstances (Royal Legislative Decree 1/1993 of 24 September, approving the consolidated text of the Transfer Tax and Stamp Duty Act). - Notary and Land Registry: these are fees set by official scale; the estimated cost ranges from 1,400 to 2,000 € (Royal Decree 1426/1989 of 17 November, approving the notaries' fee scale, and Royal Decree 1427/1989 of 17 November, approving the land registrars' fee scale). - If bank financing is required, any additional costs must be agreed with the lender.

Please note: the images were taken with a wide-angle lens in order to show as much of each room as possible, so the rooms may appear larger than they are.

This listing may contain errors. The information is provided for guidance and commercial purposes only and does not contractually bind the agency.

As required by Decree 98/2022 of 29 July 2022 of the Government of the Valencian Community, which regulates the Regional Register of Property Intermediation Agents, Inmo Café meets the requirements and is entered in that register under number RAICV3634.