In the heart of Cartagena, an investment opportunity awaits. This four-level apartment block is ready for renovation and offers a solid project already in place. Situated on a 68m2 plot, the property includes a 58m2 commercial unit on the ground floor, with residential units on the upper levels measuring 71m2, 71m2, and 69m2 respectively. This could be an ideal venture for those looking to capitalize on the local real estate market.
This property is conveniently located in Cartagena’s old town, an area recognized for its historic landmarks. Just steps away, you can walk through quaint streets filled with cultural hotspots. The rich history offers a unique backdrop for potential residents and guests. It provides not only an attractive living space but also a glimpse into the past of this ancient city.
Access
It is important to note that the building will not feature a lift. This factor should be considered when planning renovations and marketing the property to potential tenants or buyers.
Exploring Cartagena
Cartagena is a historic port city situated in the southeastern region of Spain, within the autonomous community of Murcia. Known for its extensive heritage, the city boasts a stunning Mediterranean coastline and a vibrant cultural scene. The combination of ancient history and modern developments makes Cartagena a unique destination.
Key Highlights
Historical Significance: With over 2,000 years of history, Cartagena’s heritage includes influences from Carthaginian, Roman, Byzantine, and Moorish civilizations. The city’s name originates from its Carthaginian founders, and its location has historically served as a crucial military and trading hub.
Landmarks and Architecture: Several notable structures are key attractions in Cartagena. The Roman Theatre, dating back to the 1st century BC, is one of the best-preserved in the region. Concepción Castle, a medieval fortress, offers panoramic views of the city, while the Punic Wall showcases remnants from the ancient Carthaginian city. Additionally, the area features Art Nouveau architecture, especially prominent in the historic quarter.
Cultural Experiences: Cartagena hosts numerous festivals and cultural events, notably the Carthaginians and Romans Festival, which celebrates its ancient roots. Museums like the National Museum of Underwater Archaeology (ARQVA) provide insight into the city’s maritime and archaeological heritage.
The Port and Beaches: The deep-water port is a focal point of the city, characterized by a scenic promenade lined with restaurants. Nearby beaches, such as Cala Cortina, present clear waters, perfect for relaxation and enjoying the Mediterranean sun.
Modern Attractions: While deeply rooted in history, Cartagena has evolved into a modern urban center. The vibrant Calle Mayor serves as a hub for shopping, dining, and nightlife, blending historic charm with contemporary facilities.
Natural Surroundings: The rugged hills and natural parks, including Sierra de la Muela, provide opportunities for hiking and exploring. The coastline features striking coves and cliffs, enhancing the area’s appeal for outdoor enthusiasts.
Reasons to Consider This Investment
The potential for growth in Cartagena’s real estate market makes this investment attractive. The combination of ancient history, coastal beauty, and evolving culture positions this city as a compelling place for both residents and tourists. Whether you aim to renovate for rental opportunities or resell after improvements, the location and historical context promise a significant return on investment.
