Tourist license apartments, Barcelona - Freehold | €930,000
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Redevelopment of a beautiful listed building in the heart of prime central Barcelona into nine apartments.
The nine apartments range in size from 114 to 129 square meters offering 2 and 3 bedrooms.
Prices range from EUR 930,000 to EUR 990,000.
The beautiful listed building is located in a super prime commercial and residential area, part of the main shopping hub of Paseo de Gracia / Avenida Diagonal.
The building was constructed in 1936 in a sumptuous style and was totally refurbished in 2011 including all common areas and the lobby. In addition, the main boulevard on which the building stands was regenerated in 2014. The apartments offer a perfect second home or buy to let investment.
The apartments are complete and ready to use or rent out. The apartments all have a tourist license which allows for short term tourist rental as well as long term rental. Short term tourist rental achieves higher yields. As tourist licenses have stopped being issued by the City, these apartments are a valuable investment in both the short and long term for achieving very attractive rental returns.