Two apartment buildings, Barcelona, Spain

Additional information is provided after the signing of an NDA

Two apartment buildings, Barcelona, Spain

7,300,000 €
1,921 € /m²
£6,287,000
£1,654 /m²
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  • Total area
    3,799 m²
  • Yield
    1.7%
Details
Property parameters
  • Land area: 396 m²
  • 12-floor building
Financial performance
  • Annual income: 124,000 €
Transaction costs
  • Broker: 3.0%

Two near standing buildings with retail and commercial premises.

Description

The total area of the buildings is 3,799 m²

The first building consists of 18 apartments and 1 commercial unit.

The second building consists of 18 apartments and 2 commercial units.

Both buildings are twelve-storeyed.

In total 18 units are leased out.

Extra opportunities

A Golden Visa can be obtained with the purchase of this property (residence permit for investments).

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Financial performance

Absolute annual income is 124,000 euro.

The yield is 1.7%.

The expected yield, provided that all units are leased out, is more than 5%.

Transaction costs

Brokerage fee is 3%.

Location and nearby infrastructure

Apartment buildings are located not far from the central part of the city. There are public transport stops, a Metro station, restaurants and shops situated in proximity from the property.

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