For investors, we offer a building in the center of Barcelona to use for tourist apartment rentals. The district of Gracia has an unforgettable charm, filled with cozy cafes and an artistic crowd. Here, you’ll enjoy strolling the streets, stopping in at an art exhibition, or enjoying a coffee in one of the squares. Furthermore, you are just 10 minutes away from the fashionable Passeig de Grácia Avenue, one of the best shopping areas of the city.
The 5-story building for sale has a total area of 603,37m2 consisting of 8 apartments (2 on each floor) and 2 commercial premises. The two commercial premises are located on the ground floor, with one featuring an attached apartment. All apartments are currently rented, one under a long-term contract and the rest under short-term contracts. The annual profits of the building are 72,360 Euros, which is around 4%. The building is being sold in a perfect state after renovations of the facade, terrace and inner courtyard. The building features an intercom and communal TV-antenna. All the windows have a street view.