Apartment building after redevelopment, Barcelona, Spain

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Apartment building after redevelopment, Barcelona, Spain

5,600,000 €
6,200,000 €
4,516 € /m²
£4,831,000
£5,349,000
£3,895 /m²
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  • Total area
    1,240 m²
  • Yield
    3.3%
  • Built in 
    1884
Details
Property parameters
  • Total apartments: 13
  • 7-floor building
Financial performance
  • Annual income: 186,000 €
Tenants
  • No tenants
Property status
  • Most recent total renovation: 2020
Transaction costs
  • Broker: 3.0%

Apartment building in the area of Poble Sec.

Description

The building was constructed in 1884, the redevelopment project was performed in 2020.

Apartment building includes 13 apartments with a total area of 1,240 m².

Location

Poble Sec district is located at the foot of Montjuic, and convenient transport links to the city make it attractive for home buyers. Many of Barcelona's main tourist attractions are located near Poble Sec. It is popular with its theaters, music bars and cabaret clubs.

Barcelona is the capital of the autonomous region of Catalonia and the province of Barcelona. The population of Barcelona exceeds 1.6 million people (2nd city in Spain in terms of population after Madrid and 10th in the European Union).

Barcelona is the largest industrial and commercial center of Spain. Auto assembly plants of the Spanish company SEAT (Volkswagen group) and foreign manufacturers (Renault, Peugeot, Ford) are located in the city.

The best educational institutions of the country are located here and there is absolutely everything for a comfortable life: medical centers, shops, museums, theaters and many restaurants. Tourists come from all over the world to see the historical sights of the city, such as the works of the famous architect Gaudi, the medieval Gothic quarter and the Royal Palace, as well as to enjoy beach holidays.

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