Avinguda Can Cabassa, Sant Cugat del Vallès, Barcelona, 08195, ES

Can Cabassa

Asset Description

PBSA project compromising of 207 beds across 182 rooms
The project aims to offer exceptional amenities, including a gym, garden, rooftop terrace, laundry rooms, and various study rooms. Each unit will feature en-suite bathrooms and a kitchenette equipped with a microwave, refrigerator, and sink.
The deal is an opportunity to forward purchase a finished PBSA asset. Seller will oversee the acquisition, development, construction and delivery of tehe asset as well as execute a lease agreement with a PBSA operator
The seller expects to agree and sign an SPA before the end of the exclusivity period for land purchase, in order to place the guarantee in time to maintain exclusivity whilt waiting for the definitive approval of zoning change
The plot is still pending on zoning that allows student housing and other uses. The original masia is architecturally protected and must be preserved, 2 additional buildings will be developed

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