It is sad to see that often buildings in beautiful urban locations are abandoned or simply ruined.
We also have a lot of abandoned buildings in Hungary. Many of them collapsed. The status of the owners of some of the buildings is unknown, even to the government. We do not even know whether they are still live or not.
Many of these buildings could be repaired/renovated, and they could be properly used by homeless people (some of the buildings are already used by them). A lot of people live on the streets. I was also a homeless in the past multiple times (even as a child), so I know what it is like to be a homeless person by experience.
But instead of repairing/renowating, these buildings are left to collapse.
The condition of the building you shared in this post is not even that bad. With a little repairing (especially the doors and the windows), it could be used by many people to live in it.
Have a nice day and have a nice weekend.
All the best. Greetings and much love from Hungary.
Hope they will find a solution for this property, as it's really perfectly located in beautiful coastal town. Thanks for your comment, @xplosive.