Investment Opportunity
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Casa Del Baile

$ 2,200,000  

Type:
Commercial
Size:
680m2
Status:
For Sale
Price:
$2,200,000  

Crypto payments available

Casa del Baile is located in prime location in the touristic heart of Casco Viejo, within the World Heritage Site of UNESCO.

Calle Boquete is a very small, almost hidden residential street between Calle 8 and 9. There are two houses, one in each side of Casa del Baile; Magnolia-Inn is a beautifully renovated landmark corner building on one side. On the others side a bar and Rum distillery & museum, owned by President Varela, is under construction. Across the street, a new beautiful boutique hotel is in its final construction stages.

Major attractions of Casco Viejo are just a few steps away, for example; Iglesia de la Merced, Plaza Herrea, Plaza de la Independencia, hotels (American Trade Hotel, Tantalo Hotel etc), restaurants, museums, nightlife etc. On top, it is near the exit to the new city via Ave. Central.

Vision

Casa del Baile originally had a dancing court in the first floor which grant it the name, the Dance House. It is a two story brick building with magnificent balconies overlooking the street. It has three large arch shape openings to the street allowing to absorb the vibrant atmosphere of Casco Viejo into the house spaces.

Our vision for Casa del Baile is to restore its stunning façade and bring back its historic charm to life. The house’s location, size and space distribution makes it ideal for high end luxury apartments.

There are 2 commercial spaces in the street level, and 6 apartments.

The house can potentially be sold to the hotel across the street or to the distillery when additional space will be required. This is a very common practice in Casco Viejo due to the limited inventory of buildings and growing popularity of the area.

The approved plan includes: 2 commercial spaces in the street level, and 6 apartments.


Casa Del Baile

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Hatstone Real Estate