Building for sale in El Born Barcelona

Building for sale in El Born, Barcelona: An investment opportunity with historic charm

A unique opportunity is presented for investors looking for a building with character in the heart of El Born, one of the most emblematic neighborhoods in Barcelona. This property, built in 1936, offers a blank canvas to create a unique product in a privileged location.

Highlights:

Unbeatable location: Located next to the Plaza de Pla Palau and a few meters from the Francia station, this building enjoys an exceptional location in the heart of El Born. Surrounded by history, culture and a vibrant nightlife, El Born attracts both local residents and tourists, ensuring high rental demand.
Revaluation potential: The building, although in a good state of conservation, offers the possibility of making improvements to the apartments to significantly increase rents. The combination of a privileged location and an updated interior design could generate a high return on investment.
Versatile layout: The building consists of 6 units, including 4 apartments, 1 studio and 1 commercial space. This layout offers flexibility for different types of investors, whether they are looking for residential rentals, a commercial space or a combination of both.
State of conservation: Despite its age, the building is in a very good state of conservation, with common areas and stairs in perfect condition. The water and electricity installations are also in perfect condition, which reduces the need for major renovations.
Documentation in order: All the apartments have a valid habitability certificate and the building has passed the ITE (Technical Inspection of Buildings), which guarantees compliance with the regulations and facilitates the transaction.

Additional information:

Surface: 180 m2
Age: 1936
Elevator: No (and cannot be installed)
Price: €680,000 + 4% fees
Impact: €3,777/m2
Rents: Rent table attached (request information from the seller)

Important considerations:

The lack of an elevator may be a factor to consider for some tenants, although the central location and charm of the building can compensate for this lack.
Although the apartments are in good condition, it is recommended to make some improvements to maximize their potential and increase rents.

In summary:

This building for sale in El Born represents a unique opportunity for investors looking for a property with historical character in a privileged location. With a competitive price and a high potential for revaluation, this building offers the possibility of creating a unique product in one of the most coveted neighborhoods in Barcelona.

If you are interested in this property, I recommend contacting the seller or real estate agent for more information and to arrange a viewing.