Unique offer for investors: a seven-story building in Barcelona’s lively and tourist-attractive Gothic Quarter, which attracts millions of tourists and locals every year.
Environment:
Currently, the asset is managed by the current owner, who is ready to sign a lease agreement for the entire complex after the completion of the purchase and sale transaction. The annual rent offered by the owner will be 325,000 €/year. The flow is fixed, with no operator risk to the investor. Thus, the yield can reach 5%.
Completely reconstructed building with an area of 580 m2, distributed between the basement and the six upper floors, united by a single architectural style and equipped with a modern elevator. The asset includes 6 residential units and 1 commercial premises with a license for restaurant activities and a private terrace for 10 tables.
The residential fund combines four fully equipped one-bedroom apartment, spacious lounge and kitchen, one two-storey duplex of 100 m2 with two bedrooms and two bathrooms, as well as an exclusive penthouse on the last level with a private terrace and stunning views of the port of Barcelona and the historic center. The property is completely renovated, in perfect condition, and adapted for both tourist and long-term rentals of premium level.