Hotel after complete renovation, Barcelona, Spain

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Hotel after complete renovation, Barcelona, Spain

10,500,000 €
£8,962,000
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  • Yield
    4.6%
Details
Property parameters
  • Total rooms: 30
  • Hotel rating: 3
Financial performance
  • Annual income: 475,000 €
Property status
  • Most recent total renovation: 2018
Transaction costs
  • Broker: 3.0%

Three-star hotel in the Sarrià-St. Gervasi district.

Description

The hotel includes 30 double rooms with city views.

The building has two elevators.

The maintenance cost is paid by the tenant.

Financial performance

The absolute annual income is 475,000 €.

The current yield is 4.6%.

Location and nearby infrastructure

The property is located in the Sarrià-St. Gervasi district, about 4 km from the center of Barcelona. Passeig de Gracia, park Güell and Tivoli Theatre are in about 5 km from the property.

The nearest airport is Barcelona El Prat Airport, 15 km from the property.

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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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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