Spain
Costa Garraf
Apart-hotel on the first line
A beautiful apartment hotel on the first line from the beach,
with access to the beach in Castelldefels.
The building area is 1047 m2
Year of construction: 1964
There are 28 apartments in total, each with an area of 33 m2.
The condition is good.
High occupancy rate.
Each apartment has a kitchen, bathroom, terrace of 7m2, TV, refrigerator.
Parking for 6-7 cars.
Profitability from leasing at the present time:
11.7% per annum (679,546€)
It is possible to increase profitability up to 15% per annum (868,637€)
There is an opportunity to make a restaurant and a terrace with access to the beach.
Price: 5 800 000€
