Apartment building in the suburbs of Barcelona.
Description
The building includes 18 apartments and a commercial space.
Financial performance
The current annual income is 104,000 €.
The current yield is 6.4%.
The expected yield is 7.5%.
Tenants
Currently, 16 out of 18 apartments are rented out.
Transaction costs
The brokerage fee is 3%.
Location and nearby infrastructure
The property is located in the nearest suburb of Barcelona.
Barcelona is the capital of the autonomous region of Catalonia and the province of Barcelona. The population of the city 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.
