Commercial property Barcelona, Spain 500 sq.m. No. 102148

Property description

Two adjoining buildings for sale located in Badalona, the closest suburb of Barcelona, in an area with all the necessary amenities. Only 15 minutes by metro to the centre of Barcelona.

Current area is 500 m2 with a possibility to build 952 m2.
There are 2 apartments, one of 86 m2 and the other of 71 m2 plus terrace 25m2, renovated and rented out.
There is also a project for a hostel with 9 bedrooms on the ground floor.

Currently both flats are rented for 5.000 €/month. After works on ground floor will all together pay €10.000 €/month.
Estimated construction budget of 300.000 €. Profitability of 10%.

* The photo does not correspond to reality.