Building opportunity in Granadilla!

We present an outstanding investment opportunity in Granadilla: a full building with a total constructed area of 460 sqm and 400 sqm of usable space. Currently designated for leisure/hospitality use, it offers the possibility of conversion to residential use.

The property is distributed over three levels, offering a versatile and adaptable structure suitable for multiple projects. The ground floor features four independent street-level entrances leading into the main areas, with a total of 8 rooms, two restrooms, and a reception area. Additionally, there is a spacious independent garage of 90 sqm, a rare added value.

The first floor comprises 8 additional rooms, two restrooms, a 15 sqm balcony, and two ტერraсes of approximately 78 sqm and 50 sqm, providing exceptional outdoor spaces that significantly enhance the property’s appeal.

On the upper level, there is a remarkable 160 sqm walkable terrace, ideal for creating communal areas, chill-out spaces, or high-value features within a residential or tourist project.

With a total of 319 sqm of terraces and balconies, this building offers enormous potential for the development of residential units, tourist apartments, co-living spaces, or even a hybrid concept adapted to current market demand.

A property with character, spaciousness, and multiple possibilities, ideal for investors seeking an asset with strong projection and potential for value appreciation through a well-designed project.

The property requires renovation, although not a full refurbishment. Some superficial damp issues need to be repaired, and the plumbing and electrical installations should be updated.

Some images may have been modified using artificial intelligence for illustrative purposes, showing possible aesthetic outcomes without implying any structural changes.

The available floor plan is for guidance purposes only and may not accurately reflect the current or future layout.