Commercial property in Barcelona, Spain, 824 m²

An apartment building with a high rental income is currently 100% leased, including two long-term contracts. Located very close to Sants Street and Rambla de Brasil. A residential area surrounded by all necessary infrastructure and with excellent transport links.

• Total area: 824 m2

• Floors: Ground floor + 4

• Premises: 2 commercial premises (one with a chimney) + 8 apartments

• Commercial premises can be combined

• Year of construction: 1964

• Condition: All apartments have been renovated, with the exception of apartments for long-term rent

• There is no horizontal separation

• There is no elevator

• Building Technical Inspection (ITE) completed

• Urban planning classification: 13a

• Tenant status: 100% (2 long-term (indefinido) lease agreements)

• Annual rent: 72,194 euros

• Annual property tax (IBI): 4,033.33 euros

• Annual utility bills: 2,925 euros

• Yield: 3.60% (excluding rent for commercial premises)

• Income per square meter: 2,427 euros/m2