£5,086,479
(€370/sq. ft)
Studio for saleStreet Name Upon Request, Barcelona, Es
15,812 sq. ft
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About this property
Mylife Real Estate presents this fantastic investment opportunity in Ciutat Vella, in the center of Barcelona.
Building Description
The building is a regal modernist building dating from 1872 and has been fully renovated with an elevator.
The building consists of ground floor + five floors containing three commercial spaces and nine apartments.
There is no horizontal division.
All apartments are renovated and in perfect condition.
It also has a 100 m2 interior terrace accessed from the main floor.
Floor Description
The photos show two of the apartments, one of the penthouses and a first-floor apartment, as an example of the perfect condition of the apartments.
Ground floor: Two commercial spaces of 146 m2 each, plus two other spaces in the adjacent building: One of 249 m2 and the other, used as an office, of 10 m2.
The main floor consists of a home currently used as an office, with access to the 100 m2 private terrace, and an 83 m2 apartment.
The first- and second-floor floors consist of two 83 m2 apartments.
The fourth floor consists of two 60 m2 apartments.
The commercial space in the adjacent building is also being acquired as part of the same client with a current lease agreement. Currently, the three premises are connected and are part of the same client and activity.
Property Return
The total gross income in 2024, adding all the building's rents, is €219,637.16.
The commercial space has a joint lease for a period of 40 years, the current amount being €75,858.85 per year, plus an office that contributes €2,800 per year.
The homes were rented on a temporary basis for a total amount of €146,778.31 in 2024.
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