en Building to be renovated for Profitability with 9 apartments and 2 Penthouses in Born
Investment Opportunity: With 11 units to renovate, for rent.
In addition, there is the option of entrusting the management to a specialized company that promises a minimum return on investment.
Net Annual Return: 6.1% projected
Renovation budget: 1,109,000 euros, calculated renovation per m2: 1,500 euros + structure and licenses
Residential Apartments:
-Mezzanines: 3 Floors
-First: 2 Floors (active rents that expire October 2024 and February 2025)
-Seconds: 2 Floors
-Third: 2 Floors
-Rooms: 2 Penthouses (one penthouse has active rent that expires August 2025)
Commercial Premises:
-There are no commercial premises
Total Built Surface to be renovated: 790 m² + 60 m² of outdoor terraces.
Distribution: The building is distributed on a mezzanine, first, second, third and fourth floor, currently housing 6 apartments and two penthouses on the standard floors, as well as 3 apartments on the mezzanines, making a total of 11 residential units.
Historic Charm and Modern Comfort: The building, built in 1916, has been carefully renovated to combine its historic charm with modern amenities. Each unit is fully furnished with quality furniture, creating a luxurious atmosphere.
Layout and Renovation: The renovation will transform these apartments into the style of a boutique hotel room.
Enviable Location: Located near a lively avenue: Via Laietana and attractions such as the Mercat Santa Caterina, next to Born and Gotico, the location of the building makes it easy to rent residential spaces. This is ideal for attracting tenants looking for convenience and accessibility.
This project appears to be an excellent opportunity for both investors and tenants looking for a place with history, comfort and a privileged location. Are there any additional details you would like to know or any specific questions you have?
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Property details
Property features
- Pending
About Barcelona
Barcelona, the exquisite gem of Catalonia, is a city that dazzles its visitors with a unique combination of history, culture, art, and a vibrant modern scene. Located on the northeast coast of Spain, Barcelona is a destination that captivates both tourists and locals, providing an unforgettable experience with every step taken through its cobbled streets.
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