Fully refurbished building in the city center

08001 Barcelona
Building • 292 m² • Ground floor • ref: V-finca-picalquers
$1,034,772
Refurbished building in perfect condition in the heart of Barcelona, operated on a co-living basis with very high profitability.~~Located in the vibrant Raval district a few metres from Les Rambles and Mercat de la Boqueria, this building enjoys an unbeatable location with a wide variety of services, shops, transport, restaurants, places of historical and cultural interest.~Ideal location for young tenants or students.~~Refurbished in 2013-2014, the building is in perfect condition due to constant maintenance.~~It consists of 10 units:~~- 8 refurbished studios (2 per floor).~- 2 units currently used as storage to be refurbished and converted into flats.~- Communal terrace with solarium area and laundry room with full bathroom for the use of the tenants.~~Each floor (1st to 4th) is distributed in 2 studios of 18 m² each, sharing the kitchen.~Each studio has a private bathroom, large wardrobe, table, fridge and balcony.~~On the roof there is a communal sun terrace, equipped with tables and chairs and a laundry area with a bathroom.~~The studios have a high occupancy rate with a seasonal rental model, mainly to students, singles or couples, mainly foreigners from 20 to 35 years of age.~~The rental model is very successful; it gives the tenant the opportunity to rent a room/studio at an affordable price and which boasts independence and privacy, along with included services such as high speed Wi-Fi throughout the building, communal area on the roof and cleaning 3 times a week in the common areas.~~Selling price of the building: 950.000 €.~Current yield around 7%, potential above 9%.~Possibility of sale of company at a lower price, check conditions.~~Great investment opportunity.~

Surfaces

Living292 m²
Balcony
Furnished
Terrace

Barcelona

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Energy efficiency rating
E