Commercial property in Sants-Montjuïc, Barcelona

Residential building with high rental income, currently 100% rented, including two long-term lease agreements. Located very close to Sants street and Rambla de Brasil. Residential area surrounded by all kinds of amenities and very well connected by public transport.

Total area: 824 sqm. Floors: ground floor + 4. Units: 2 commercial premises (one with a smoke flue) + 8 apartments. The commercial premises can be combined. Year built: 1964. Condition: all apartments renovated, except those under long-term leases. No horizontal division. No elevator. Technical building inspection (ITE) — passed successfully. Urban planning classification: 13a. Rental status: 100% (2 long-term contracts). Annual rent: €72,194. Annual property tax (IBI): €4,033.33. Annual maintenance fees: €2,925. Yield: 3.60% (not including income from commercial areas). Income per square meter: €2,427/sqm.