The building for sale, located in the heart of the famous area of Vila de Gracia, bohemian and ideal for family living. Surrounded by all conveniences and shops. Very close to Paseo San Joan.
* Total area: 527 m2
* Floors: First floor + 4
* Premises: 1 commercial premises (with the possibility of conversion into residential) + 7 apartments with balconies, galleries or terraces
* Year of construction: 1908
Status: Current certificate of conformity ITE (Building Technical Inspection) until 2034. Common areas have recently been renovated.
Status: Recently received a certificate of conformity ITE (Technical Inspection of Building) until 2034. No horizontal separation
* The possibility of installing an elevator for 3-4 people
* Zoning: 12g
* Rental status: 100% leased under fixed-term contracts
* Net annual rent for 2024: 81,942 euros
* Annual expenses: EUR 4,098 (real estate tax: EUR 2,937 + staircase maintenance: EUR 1,161)
* Net yield for 2024: 3.27%
* Cost of ownership: 4,269 EUR/m2
* As current contracts expire, revenue can be increased.
The last of the current contracts expires in 2028, which will allow for full corresponding yield.
Net annual income in 2025: 92,372 euros (yield 3.69%)
Net annual income in 2026: EUR 105,790 (yield 4.23%)
Net annual income in 2027: EUR 130,416 (yield 5.21%)
Net annual income in 2028: EUR 147,449 (yield 5.89%)