Commercial property 521 m² in Catalonia, Spain

Spain
$1,83M
$3,509/m²
;
ID: 2260854
Property ID on Realting
Last update: 03/04/2025

Location

  • Country
    Spain
  • State
    Catalonia

Property characteristics

Property parameters

  • Price per m²
    Price per m²
    $3,509/m²
  • Total area
    Total area
    521 m²

Description

For sale is a residential building within walking distance from the famous Park Güell.

Environment:

  • residential area;
  • developed infrastructure of the residential area: several large chain supermarkets within a radius of 500 meters, pharmacies, bank branches, catering establishments;
  • several green areas, including Park Güell within a 10-minute walk;
  • metro station 300 meters;
  • one of the largest city libraries.

The building, built in 1931, has a total area of ​​521 m2, distributed between three floors. There is one apartment on each floor:

  • 1st floor: 125m2 + private courtyard 84m2;
  • 2nd floor: 126m2;
  • 3rd floor: 126m2

The apartments are leased on the following terms:

  • 1st floor: contract until 01/24/2028. Rental price 1.302 € / month;
  • 2nd floor: contract until 30.11.2023. Rental price 1.377€ / month;
  • 3rd floor: contract until 07/31/2025. Rental price is 1.414 € / month.

The total yield is 4.093 € / month. The rental price is currently minimal, the potential for growth is at least 30-40%.

The building has recently successfully passed an technical inspection (ITE).

Location on the map

Spain
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