Building in Barcelona-Sants

Building of 1990 with a total constructed area of ​​1,349.66 m2 (counting terraces).

It's distributed as follows:

-. 4 commercial units on the ground floor and mezzanine, although only 2 of the premises are the object of the sale. 

-. 11 flats on floors 1, 2 and 3. 

-. 22 garage spaces distributed on floors -1 and -2 (the parking lot is shared with the adjoining building). 

The building is practically rented in its entirety (there are two free entities) with contracts that expire between 2018 and 2021.

The current annual rent is 95,580€ ( 7965€/month), which implies a gross yield of 2.7% (net of 2.3%). The annual expenses of IBI(tax) and community are  10,325€ and  7,487€ respectively. 

The potential rent is estimated at 143,400€ (125,590€ Net) with a net yield of 3.6%. 

It is a building distributed in Horizontal Property with urbanistic qualification nº13. Being located in a corner and with South orientation, all the houses are very luminous. The penthouses are duplex and have large terraces. The flats are in good condition and have equipped kitchens, terrazzo floor (in some wood floors), large balconies, etc. They have heating by natural gas and some air conditioning. All rooms are very bright and have windows to the outside. 

Very well located in the neighborhood of Sants, a few streets from Carrer de Sants where we find all kinds of shops and services. Good connection with public transport, bus and metro L5 (Badal stop). 

Price: 3,500,000€ + 4% fees (+ vat)