Description
Residential building, with high profitability, in the city of Terrassa.
The total area of the four-storey building is 851 sq.m. 2008 year of construction. Plot of land - 179 sq.m. 11 apartments. The area of apartments is from 40 to 74 sq.m. 6 parking spaces.
Terrassa is a city and a municipality in Spain, part of the province of Barcelona as part of the autonomous community of Catalonia. The municipality is located in the district (komarki) of Valles-Occidental. The population, as of 2016, is more than 215 people. The distance to the provincial capital is 21 kilometers. The city has enough developed infrastructure and many attractions. Tourists and residents of the city can find here not only cinemas, shopping centers, bars and restaurants, but also beautiful monuments of architecture, history and art.
The building is located in a place with a good traffic junction, not far from the railway station and bus stop, 1 minute from the main avenue of the city.
The cost of the building is 900 000 euros. Potential annual income: 78,000 - 85,800 euros. Potential monthly income: 6,500 - 7,150 euros. Potential profitability of gross: 8.5 - 9.5% per annum. The sale price of residential premises of this facility is 1 310 euros. The average price for the sale of residential property in the area where the property is located, in close proximity to this building, ranges from 1,250 to 2,400 euros per sq.m. The average cost of renting residential property in this area is 650 euros per month or 9 euros per sq.m. The documents are ready for the deal. Additional information is available upon request.