GREAT INVESTMENT OPPORTUNITY IN THE HEART OF RIBADEO!

€465,000

Canton 2, CENTRO, Ribadeo, LUGO, Ribadeo, LUGO

House for sale in Ribadeo, Canton 2, CENTRO, Ribadeo, LUGO, 450 m²

Canton 2, CENTRO, Ribadeo, LUGO, Ribadeo, LUGO

€465,000

12Bed
3Bath
450
Type: House

Description

Manor house/building of approximately 450 m2 with estate in the heart of Ribadeo (Lugo) is for sale. On the northern route towards Santiago de Compostela. Located in the Eastern Mariña region, of which it serves as capital, it is situated 103 km from Lugo. The municipality is crossed by the Cantabrian motorway (A-8), the national roads N-634 (San Sebastián-Santiago de Compostela), N-640 (Castropol-Villagarcía de Arosa) and N-642 (Ribadeo-Vegadeo), as well as by local roads that allow communication between parishes. Ribadeo has a population of around 10,022 inhabitants. The house, dating from approximately 1900, has around 450 m2 of built space distributed across a GROUND FLOOR WITH GARAGE, FIRST FLOOR, SECOND FLOOR and THIRD FLOOR and/or LOFT on a 727 m2 estate enclosed by a stone wall. (Possibility to acquire additional adjacent estate) GROUND FLOOR: approximately 111 m2 - former commercial premises, street-level, with large doors and natural light. It includes 1 spacious entrance hall with an impressive staircase connecting to different floors, 1 kitchen, 1 large living room with garden views, 1 waiting room, 1 office, 1 toilet and 1 full bathroom. Garage/carport running across the entire ground floor from street to garden. This entire floor faces the pavement and street (semi-pedestrian) with car access. FIRST FLOOR and SECOND FLOOR (approximately 130 m2 each) feature a wide gallery (1st floor) overlooking the garden, 1 large living-dining room, 1 bathroom, and 3 bedrooms. The second floor includes an independent dwelling with its own kitchen, living-dining room, 1 bathroom and 4 bedrooms. THIRD FLOOR and/or LOFT (approximately 111 m2 floor space - open-plan) currently with 3 bedrooms, can be converted into additional building space as a residence. POSSIBILITY TO EXTEND THE HOUSE AND CREATE A FOURTH FLOOR. GARDEN/PATIO: approximately 727 m2 enclosed with gate access from the street and several buildings/storage areas that can serve multiple purposes. Can accommodate several vehicles and/or be transformed into a patio/garden and/or include a swimming pool. Emblem building with special charm... due to its volume, large windows and natural light from every part thanks to its balconies and galleries. ROOF REPAIR IS ESSENTIAL! Located in the heart of the city, the property enjoys all services and is just steps away from the main tourist attractions of the city and the famous Ribadeo market. Municipal water supply, electricity and good connection to fixed and mobile telephone network. Good opportunity to invest in a characterful residence that can also be your business. Excellent opportunity for a quality primary residence, business with residence or hospitality and/or tourism business since the Way of Santiago passes nearby and/or for investment (possibility of creating multiple separate dwellings) Come visit this property! Many possibilities! See with your own eyes all the potential. Negotiable price!

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