Buildings in l'Olleria

Location:
- Address:** Avenida Juan Bautista Ferreres, nº 13, L’Olleria, Valencia (46850).
- GPS Coordinates: Longitude: -0.55461; Latitude: 38.91613.

Project details:

Type of building: Closed block building.
Structure: 6 floors above ground and 2 basements below ground.
Units:
Dwellings: 52 dwellings.
Commercial Premises: 3.
Garages: 6.
Storerooms: 60.
Total Built Area: 1,165 m².
Surface area of Premises: 650 m².
Surface area of Garages: 1,650 m².
Surface area of storerooms: 300 m².

Present Condition:
- Under construction: Building 90% finished.

State of Conservation: The building is in good condition, but the premises and some units need adaptations to maximise their commercial and housing potential.


Environment and Accessibility:
- Urban Environment: Urban expansion area of the town with predominantly multi-family buildings and commercial ground floors.
- Infrastructure: Complete, including paving, water supply, electricity, sewerage and street lighting.
- Facilities: Sufficient commercial, school, sports, welfare and leisure facilities.
- Communications: Good connections with the rest of the town and adequate public transport.

Commercial Characteristics:
- Rent Level:** Medium.
- Commercial Activity: Medium-low, with sufficient pedestrian density.
- Parking: Scarce, which increases the value of the parking spaces available in the building.

Investment Advantages:

Revaluation Potential: Unique investment opportunity with significant revaluation potential once the commercial and housing units are suitable.
2. High Residential and Commercial Demand: Located in an area with stable demand for commercial and residential premises, ensuring an active market.
3. Complete Infrastructure: All necessary infrastructure is in place, including underground parking spaces and storage rooms.
4. Strategic Location: Located in an area with good accessibility and services, which increases its attractiveness to buyers and tenants.