Commercial property in Gracia, Barcelona, Spain 370 sq.m. No. 154915

Property description

A three-storey residential building for sale in Barcelona.

Area:
Dense residential area;One of the main attractions of the city: Parc GüellModern infrastructure: supermarkets, banks, pharmacies and many places to suit every taste and wallet;2 medical centres and 3 hospitals within 500 metres, including the famous Quironsalud hospital chain;Educational facilities, including a school;Not a few hotels.
The 2016 building consists of 3 floors with a total area of 370m2.

Main features:
2 duplex apartments on the ground floor;2 classic apartments on the third floor;4 storage rooms;large roof terrace.
The apartments and storage rooms are for rent. According to preliminary estimates, the rent for each of the duplexes could be 2.350€/month and for the classic apartments about 1.800€/month. The rent for each of the storage units could be estimated at 180€ / month.

The potential annual profit is thus estimated at 106.800€, while the maintenance costs amount to 15.410€ per year. Under these conditions, the yield could be as high as 6.44%.

At this rate of return, it is estimated to be as high as 6.44%.