Completely renovated building in Badalona, Catalonia, Spain

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Completely renovated building in Badalona, Catalonia, Spain

1,250,000 €
1,275 € /m²
£1,065,000
£1,086 /m²
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  • Total area
    980 m²
  • Yield
    5.9%
  • Built in 
    1920
Details
Property parameters
  • 4-floor building
Financial performance
  • Annual income: 74,000 €
Tenants
  • Fully let

Building in the center of Badalona.

Description

Historical four-storey building built in 1920 with a total area of 980 m² + 600 m² patio and terrace.

The property has been completely renovated and is in good condition.

The building cannot be used as residential or as a hotel.

Financial performance

The annual income is 74,000 €.

The yield is 5.9%.

Tenants

The building is fully leased. The tenant is a kindergarten.

Transaction costs

The brokerage fee is 5%.

Location and nearby infrastructure

The property is located in the center of Badalona very close to the beach.

Badalona is a city and municipality in Spain, part of the province of Barcelona in the autonomous community of Catalonia. Population — over 220,000 people (the third largest city in Catalonia).

Distance to the center of Barcelona — 10 km. The cities are connected by metro lines, travel time is 30 minutes.

Barcelona El Prat International Airport is 25 km from Badalona.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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