Package of 14 apartments on the Costa Brava, Spain

Additional information is provided after the signing of an NDA

Package of 14 apartments on the Costa Brava, Spain

1,500,000 €
1,500 € /m²
£1,277,000
£1,277 /m²
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  • Total area
    1,000 m²
  • Yield
    6.0%
Details
Property parameters
  • Total premises: 14
Financial performance
  • Annual income: 90,100 €
Tenants
  • Fully let
Transaction costs
  • Broker: 3.0%

Description

Package of 14 apartments on the Costa Brava.

The area of the apartments varies from 50 to 120 m².

Financial performance

The annual income is 90,100 €.

The yield is 6%.

Tenants

All apartments are rented out for long term.

Transaction costs

The brokerage fee is 3%.

The cost of ownership

Property tax ”IBI“ + maintenance costs: approximately 15,000 € per year.

Location and nearby infrastructure

The property is located on the Costa Brava.

The Costa Brava is the northernmost coast of Spain and the province of Catalonia. The Costa Brava stretches from the border with France to the resort town of Blanes for 210 km.

Tourists are attracted by affordable prices, a large selection of entertainment for the whole family, developed infrastructure and proximity to Barcelona – the capital of Catalonia.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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