Lot number 45758
Investment project 1686 m2
Spain
- Price
Price on request
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Description
Located in the heart of Barcelona's tourist district - the Gothic Quarter, near Jaume I metro station and the Cathedral. This is the most important historical part of the city, where the ancient Roman settlement of Barcino was founded. The Gothic Quarter is situated between two streets - La Rambla and Via Laietana. Despite many buildings dating back to the 14th-15th centuries, it is also home to a variety of atmospheric restaurants, trendy shops, and vibrant nightclubs. This is the most popular area among tourists, and hotels here have high occupancy rates throughout the year. Another advantage of this property is its proximity to the most famous tourist street in Barcelona - La Rambla. Its terraces are lined with numerous restaurants and cafes, and it is home to souvenir and flower shops, the famous Boqueria market, and the Liceu Opera House. The nearby Museum of Contemporary Art (MACBA), the Guell Palace, and many other attractions are also within close proximity.
Property Description:
Building:
- Year of construction: 1850
- Year of last renovation: 1990
- Total building area: 1,685.70 sqm
- Total land plot area: 329 sqm
- Facade facing 3 streets
- Current condition: 5 floors, basement, and top technical floor
- Usage: 5 commercial spaces and a 1-star hotel
- NOT PART OF THE SALE AGREEMENT: a designated vertical zone within the building (indicated on all floor plans)
Hotel:
- Current condition: 1-star hotel
- Rooms: 11 single and 28 double, totaling 39
- Operator contract: expired on October 31, 2016
- Average annual hotel occupancy: 80%
The current owner of the building commissioned a pre-reconstruction project from a renowned architectural firm in Barcelona. Currently, this project is in the initial stage of implementation. The main points of the pre-project (recommendations) include:
- Complete reconstruction of facades
- Replacement of all electrical and plumbing systems, and coverings
- Full interior reform, considering the building's usage as a hotel, including the basement floor
- Exclusion of a designated part of the building (indicated on the plans)
- Utilization of the building's roof as a chill-out zone with a small pool
- Commercial spaces numbered 1 and 2 to be used as common areas for the hotel, expanding the lobby, lounge zone, etc.
The pre-project will be adapted to the goals of the new owner, in accordance with the necessary permits from the city council for the corresponding project.
Profitability Calculation Options:
- Hotel operation and rental of commercial spaces - Profitability: 9.21%
- Hotel sale - ROI: 9%
Characteristics
Square
1686 m2
Bedrooms
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Bathrooms
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Readiness
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Number of storeys
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Rooms
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Ceiling height
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Finishing
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layout
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Customer reviews of working with Kalinka Ecosystem
Managing partner of Ant Yapi
«Without a doubt, the Kalinka team has the best expertise not only in sales but also in increasing the customer attractiveness of the project. I wish prosperity, success and more successful deals to you!»
Managing partner of Metrium Group
«Well-conducted negotiations are half of the deal. Brokers of Kalinka stand out due to their charisma, complex knowledge of objects, negotiation techniques and adherence to high professional standards. The team has the expertise to close the most challenging deals.»
CEO of Vesper
«Kalinka is a strong, professional and reliable partner for any developer. Thanks to their experts, a lot of complex problems were solved. Thank you for a successful and stable cooperation.»
Chairman of the Board of Directors of ESN Group
«It is easy to efficiently solve problems when you have efficiently working partners. Kalinka confidently implements international standards in the Russian professional market. A unique combination of charisma and knowledge.»
Executive Director «Vesper»
«Kalinka is one of the strongest and most competent consulting agencies in the Russian market. Individual approach, thorough study of each project, understanding of the internal works and the real cost of each development, mass media and excellent sales methods turn the company into a market leader with an impeccable reputation.»
CEO of Donstroy Invest
«The number of deals carried out with the participation of Kalinka brokers clearly demonstrate the leadership position and the professionalism of the company. Thank you for your ability to quickly and correctly implement all required tasks, starting from the effective organization of first meetings to the final outcome of every tender.»
CEO «Coalco»
«Kalinka has confirmed its reputation as a leading company in the premium real estate segment through efficient deals. The company specialists have proved their competence again with their work.»
Authorized Ambassador of Cyprus
«I sincerely thank Kalinka for their assistance in promoting the Cyprus passport program, the development of the real estate market on the island and for helping to form a favorable information background.»
Architect, founder of Tsimailo, Lyashenko and partners
«As an architect, it is important for me that the developer hears and understands my point of view. Ekaterina Rumyantseva is without a doubt the main driving force of the company making possible for Barkli Vergin House to become an example of the organic combination of modern architecture with the look of the old city.»
Founder and owner of Kelly Hoppen Interiors
«I thank Kalinka for the cooperation. Ekaterina Rumyantseva has an amazingly subtle sense of beauty, understands the meaning of architecture, knows her clients and has a lot of market expertise. It was very interesting for me to work on the Russian project.»
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