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Building with 10 apartments for sale in El Camp de l’Arpa area

El Camp de l'Arpa del Clot, Barcelona, Spain For Sale
ID: 13119
Total AreaTotal Area: 532 m2
Plot sizePlot size: 150 m2
RentabilityRentability: 7%
FloorFloor: 5
Build YearBuild Year: 1930
Performance certificatePerformance certificate

The price does not include professional fees

1.500.000 €
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Description
Extra Features

Building for sale in the district El Camp de l’Arpa del Clot, quiet residential area with all the necessary amenities and excellent transport connections, close to the Clot metro station (L1 and L2 lines).

Total area of the building is 532 m2, plot area is 150 m2.
Year of construction is 1930.
It has 5 floors (ground floor + 4) without elevator.

There are 10 apartments in the building (8 apartments of 44 m2 each one and 2 apartments of 69 m2 each one on the ground floor).
Currently all the apartments are rented with expired contracts renewed for 1 year (except one apartment with an indefinite contract).

The apartment rent is significantly below the market price. After the apartment renovation, the investment profitability considerably increases, up to 7%.