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Co-Living Building In The Centre Of Barcelona For Sale

Barcelona, Spain
Asking Price:
€950,000
Turnover:
Undisclosed
Net Profit:
Undisclosed

Building for sale located in the historic centre of Barcelona, in the Raval district, 5 minutes walk from Las Ramblas and the Boqueria Market. Close to the metro and several bus stops.

Total area of 292 m2 is divided in 6 floors (ground floor + 5) each of 44 m2.
There are 11 units (10 studios and 1 apartment), renovated and furnished, all with private bathrooms. Two studios on the same floor share a kitchen.
Roof terrace has a common area with tables and chairs + laundry area with a bathroom.
The building and flats are consistently maintained and well-kept, in perfect condition.

Rented 100% all year round with a seasonal rental model targeting the high demand market segment, mainly students and young foreign workers between 20 and 35 years old.
Net profitability is over 8%.

* The photo does not correspond to reality.

Property Information

Real Estate:

Real Property Included

Size in square feet:
292

Other Information

Financing available:

Rentability:8%