Lot number 46786
Investment project 162 m2
Spain, Barcelona
- Price
Price on request
- Bedrooms -
- Bathrooms -
- Number of storeys
- Readiness -
Description
Commercial Property with Tenant (Argentinian Restaurant) in Barcelona, Spain
- Prime location in Sant Andreu district of Barcelona, in a densely populated area with high foot traffic.
- The premises are currently leased to an established Argentinian restaurant.
- The rental agreement was signed in 2017 for a duration of 10 years, until 2027.
- According to the rental agreement, the monthly rent for the first year is €2,000, increasing to €2,100 in the second year and €2,200 from the third year onwards.
- The property has a total area of 162 square meters.
- The sale price for the property is €450,000.
- Net profitability is 5.77%.
- The annual rental income is €26,400 + VAT.
- The monthly rental income is €2,200 + VAT.
- The rental contract term is from 2017 until 2027, including a mandatory minimum occupancy of 3 years.
- Other expenses include an annual property tax (IBI) of €808 and community fees of €440 per year.
Statistics:
- The sale price per square meter for this property is €2,778.
- Commercial properties with similar characteristics in the same area have sale prices ranging from €1,500 to €3,775 per square meter.
- The average rental price in the district, according to data from the fourth quarter of 2017, is €12.70 per square meter per month.
- The current rental income for this property is €12.35 per square meter per month. From the third year of the rental agreement (starting in 2019), the rental income is set to increase to €13.58 per square meter per month, as per the contract terms.
Sant Andreu District in Barcelona:
- Located 7 km from the city center of Barcelona.
- The district covers an area of 656.5 hectares.
- The population of the district is approximately 147,000 people.
- Population density is 761.9 people per hectare.
- Prime location in Sant Andreu district of Barcelona, in a densely populated area with high foot traffic.
- The premises are currently leased to an established Argentinian restaurant.
- The rental agreement was signed in 2017 for a duration of 10 years, until 2027.
- According to the rental agreement, the monthly rent for the first year is €2,000, increasing to €2,100 in the second year and €2,200 from the third year onwards.
- The property has a total area of 162 square meters.
- The sale price for the property is €450,000.
- Net profitability is 5.77%.
- The annual rental income is €26,400 + VAT.
- The monthly rental income is €2,200 + VAT.
- The rental contract term is from 2017 until 2027, including a mandatory minimum occupancy of 3 years.
- Other expenses include an annual property tax (IBI) of €808 and community fees of €440 per year.
Statistics:
- The sale price per square meter for this property is €2,778.
- Commercial properties with similar characteristics in the same area have sale prices ranging from €1,500 to €3,775 per square meter.
- The average rental price in the district, according to data from the fourth quarter of 2017, is €12.70 per square meter per month.
- The current rental income for this property is €12.35 per square meter per month. From the third year of the rental agreement (starting in 2019), the rental income is set to increase to €13.58 per square meter per month, as per the contract terms.
Sant Andreu District in Barcelona:
- Located 7 km from the city center of Barcelona.
- The district covers an area of 656.5 hectares.
- The population of the district is approximately 147,000 people.
- Population density is 761.9 people per hectare.
Characteristics
Square
162 m2
Bedrooms
-
Bathrooms
-
Readiness
-
Number of storeys
-
Rooms
-
Ceiling height
-
Finishing
-
The object's photo gallery



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