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Palangos m. sav., Šventoji, Jūros g.

Commercial space for sale

Palangos m. sav., Šventoji, Jūros g.

Commercial space for sale

2 700 000 €

About this property

GUEST HOUSE FOR SALE IN ŠVENTOJA This is an opportunity to purchase a commercial and currently successfully operating facility on the Lithuanian seaside, just a few minutes from the center of Palanga. The entire recreation complex is located on a 20-acre plot, which consists of: a 328 sq. m main three-story residential building, a 73 sq. m restaurant building, 3 recreation houses, each with an area of 20.14 sq. m. ADVANTAGES • Exclusive location on the Lithuanian seaside – just about 50 m to the dunes and about 200 m to the Baltic Sea; • A quiet and relaxing place, away from the most intense traffic of the center of Palanga; • 20-acre private territory; • Currently operating accommodation and catering business. GENERAL INFORMATION • 20-acre plot of land; • Main building – 328 sq. m, three-story; • The main building has six apartments, adapted for accommodation; • The apartments are equipped with separate kitchens and sanitary facilities; • A separate 73 sq. m building with a restaurant; • There are three log cabins on the territory, each 20.14 sq. m; • There are 2 parking spaces in the yard, with the possibility of installing additional ones if necessary; • Purpose of the house - residential; • Heating - gas; • All city communications; • The facade of the main building was renovated in 2024. HOUSE INFORMATION • Year of construction 2016; • Year of renovation 2022; • House type: brick; • Type of holiday cabins: log; • Type of cafe house: wooden with a frame. LOCATION AND INFRASTRUCTURE • 2 minutes walk to the sea; • 5 minutes walk to the center; • 5 minutes walk to the shopping center "Maxima"; • 5 minutes walk to the shopping center "Iki"; • 5 minutes walk to the bus station and taxi rank. DEVELOPMENT OPPORTUNITIES This facility has additional potential not only to carry out existing activities, but also to expand them. A reconstruction project has been prepared for the main building and a building permit has been issued, which provides for the reconstruction of the building and the formation of separate apartments. A reconstruction project has also been prepared for three log cabins, and the process of obtaining a building permit is currently underway. This provides an opportunity for the new owner to increase the value of the facility, improve its functionality and expand accommodation activities according to the prepared design solutions.


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