Apartment Building For Sale

Picture of Apartment Building For Sale in Tarragona, Tarragona, Spain

€1,850,000

Tarragona, Tarragona, Spain

Listed By: Nord Investment

Listed On: 07/09/2023

Listing ID: GL1165956

Description

Residential building for investors in the city of Tarragona. The building, a total area of 2 418 sqm building on 4 floors there are 2 commercial premises (ground floor) and 9 apartments with area from 110 to 336 sq. m. the Building was built in 1850. Half renovated, updated roof, entrance, facade, commercial premises and some of the apartments. Commercial premises rented One, with a total area of 236 square meters, put the Bank — the contract ends in 2024, the rent is reviewed in accordance with CPI and at the moment is 3 232 euros, including VAT, per month. Another, with a total area of 190 sq. m. Delivered to the supermarket for 20 years (the contract was signed in June 2017), the period of compulsory execution - 5 years. The rent is reviewed in accordance with CPI annually and currently amounts to 1 400 euros, including VAT, per month. The supermarket is already open and running. The apartment is on the 1st floor with an area of 290 sq. m. - free. The apartment is on the 1st floor with an area of 336 sq. m. rented an office from 2003 to 2023. The rental price is 1870 euros, including VAT, per month. CPI. The apartment is on 2 floor area 213 sq. m., free. The apartment is on the 2nd floor with an area of 240 sq. m., rented an office from 1993 to 2023. The cost of rent - 1 137 Euro, including VAT, per month. CPI. The apartment is on the 3rd floor with an area of 143 sq. m. leased in 1962 with subrogation. The rent is 495 Euro per month. CPI. The apartment is on the 3rd floor with an area of 112 sq. m., was leased in 1982 with subrogation. The rent - 557 euros per month. CPI. The apartment is on the 3rd floor with an area of 196 sq. m. - free. The apartment is on the 4th floor with an area of 216 sq. m. - free. The apartment is on the 4th floor is home to the Concierge. Tarracona is a town and municipality in Spain, in the province of Tarragona in the Autonomous region of Catalonia. The municipality is a part of the district (Comarca) Tarragones. 61,91 covers an area of km2. The population of 140 184 people (as of 2010). On the territory of the city is one of the major sea ports that play an important role in the economy of Spain. Despite this, the beaches in the city and suburbs, are the standards of cleanliness. The city is located 98 km to the South-West of Barcelona. The cost of the building - 1 850 000 Euro. Annual revenues - 104 292 Euro . The profitability of 5.6 % per annum. The documents are ready to deal. Additional information is available upon request.

Source: The World Property Journal

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