Commercial apartment building in Barcelona, Spain, 1.06 m²

A ready-to-build development project in the city of Granollers (Barcelona province): reconstruction of an existing building with the addition of two extra floors. All approvals and the building permit have already been obtained.
Final asset: a commercial ground floor + 5 residential floors, 10 apartments, a commercial unit, and 6 parking spaces, with a total net sellable area of 1,241 m².
Project description:
The project targets the modern comfort+ residential segment and high-quality commercial space. Sales prices are set below the upper market boundary (~−10%), increasing liquidity: for apartments — €4,050/m²; for commercial space and parking — €2,700/m². The total projected sales revenue amounts to €4.75 million.
Investor summary:
Total investment volume (acquisition, reconstruction, operating expenses): €3.36 million.
Projected net profit: approximately €1.39 million, resulting in:
ROI ≈ 41% (return on investment)
IRR ≈ 30–42% (annualized return considering project duration)
Project timeline: 12–18 months
This is a fast and straightforward development case with complete documentation, a transparent financial model, and high profitability, suitable for private, fund, and bank capital.
Please contact us for more information about this investment opportunity.