description

This is the emblematic Former Convent of La Merced (founded in 1248 by King James I), transformed into a unique complex comprising two interconnected buildings arranged around a magnificent 18th-century historic cloister, featuring its original arches and vaulted ceilings. Layout and Features: Main Building: Ground floor plus three upper floors (one self-contained apartment on each floor). Rear Building: Garages/parking on the ground floor with direct access to the cloister courtyard, and two apartments on the upper floors. Unique Feature: One of the upper-floor apartments preserves and incorporates the convent's original vaulted ceiling. Size and Façade: Impressive street frontage and substantial building depth, offering endless possibilities for internal reconfiguration. Investment Highlights: Secure Planning Status: Classified as Urban Land, with hospitality and restaurant use fully permitted. Heritage Protection: Listed as a Property of Local Heritage Significance (BRL). Comprehensive refurbishment projects are permitted, provided that the façades, overall volume and the cloister's architectural elements are preserved. Growing Market: Situated in a city welcoming more than 83,000 visitors annually, with strong unmet demand for boutique hotel accommodation, just 40 minutes from Valencia. A truly one-of-a-kind property offering character, history and exceptional spatial versatility, providing the perfect foundation for a landmark hotel or prestigious residential development in the Valencian Community. Planning documentation and investment dossier available upon request for interested parties.