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3 700 000 €

Commercial apartment building in Barcelona, Spain, 1 450 m²
  • Commercial apartment building in Barcelona, Spain, 1 450 m² - picture 1
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  • Commercial apartment building in Barcelona, Spain, 1 450 m² - picture 1
  • Property ID on Prianproperty.com: 3432594
    Last update: 13.08.2024
    Number of views: 2469

3 700 000 €

Commercial apartment building in Barcelona, Spain, 1 450 m²

1450 sq.m 4.9% per year
Online Viewing Remote Transaction

  • Property ID on Prianproperty.com: 3432594
    Last update: 13.08.2024
    Number of views: 2469

Specifications

Sale price 3 700 000 €
Price per square meter 2 551.72 €
Floor area 1 450 m²
Construction phase Resale
Address Spain, Barcelona
Location within the city

Additional services

  • Online viewing is available
  • Opportunity of a remote transaction

Finance

Profitability
Annual return 4.9 %

Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100%

Business expenses
Not included in the price
Commission fee 5 %

Description

 22 apartments, 2 commercial premises

 In good condition

 Occupancy rate 63% (9 units are available for rent)

 Income per year, current – 117,545 euros, yield 3.1%

 Income per year with 100% occupancy – 182,162 euros, yield 4.9%

 The initial cost is 4,250,000 euros, the seller is ready to concede up to 3,700,000 euros

 Broker's commission 5%


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Representative

Elena Pinkhasik
Head of EU Direction
Languages: english
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Seller
Elena Pinkhasik Head of EU Direction

Intermark Global

Languages: english
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