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Parking in the center of Barcelona with 12,8% yield

13,000,000 €
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Yield: 12.8%
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Features
  • Absolute return: 1,667,500 €
  • 4-floor building

It is a four-level parking investment in Barcelona.

Description

The complex consists of 688 parking spaces for cars and 100 spaces for motorcycles.

Currently parking works only on weekdays during business hours and is closed at night.

300 parking spaces are rented on a permanent basis, the rest are in hourly mode.

Making the parking work 24-hours per day and in weekends through installation of automatic admission and payment systems will significantly develop the commercial potential of this property.

All necessary licenses and business permits are actual.

Financial performance

Absolute income is 1,667,500 €.

The current yield of 12,8%.

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

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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
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    • Bank financing from 2.5% annually
    • Construction site audits
    • Management company services