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Passeig de Sant Gervasi 1,399 SF Office/Retail Condo Unit Offered at $478,662 in Sarrià-Sant Gervasi, Barcelona 08022
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Investment Highlights
- Residential building with commercial spaces.
- Established area with all services.
- Central location.
- Good connectivity.
Executive Summary
Residential building with commercial spaces located in a central area with high commercial and service activity.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment |
| Sale Type | Investment |
Description
130 m² space distributed across a ground floor and mezzanine, featuring a large storefront.
Sale Notes
Excellent investment opportunity with high profitability by acquiring a street-level commercial space located on Paseo de Sant Gervasi, one of the most established areas of Barcelona. The property has a current tenant and generates long-term returns.
The current lease agreement has a duration of 10 years (June 1, 2025 - May 31, 2035) with a tiered monthly rent structure:
- First and second year (June 1, 2025 to May 31, 2027): €1,500 + VAT per month.
- Third and fourth year (June 1, 2027 to May 31, 2029): €1,600 + VAT per month.
- Fifth and sixth year (June 1, 2029 to May 31, 2031): €1,700 + VAT per month.
- Starting from the seventh year (June 1, 2031 onward): the rent will be adjusted based on the corresponding Consumer Price Index (CPI), using the CPI published by Spain's National Statistics Institute (INE) as a reference.
The property is part of a Núñez y Navarro building from 1994, featuring concierge service.
It is distributed across a ground floor and mezzanine, connected by an interior staircase, with large floor-to-ceiling windows that provide abundant natural light.
The current lease agreement has a duration of 10 years (June 1, 2025 - May 31, 2035) with a tiered monthly rent structure:
- First and second year (June 1, 2025 to May 31, 2027): €1,500 + VAT per month.
- Third and fourth year (June 1, 2027 to May 31, 2029): €1,600 + VAT per month.
- Fifth and sixth year (June 1, 2029 to May 31, 2031): €1,700 + VAT per month.
- Starting from the seventh year (June 1, 2031 onward): the rent will be adjusted based on the corresponding Consumer Price Index (CPI), using the CPI published by Spain's National Statistics Institute (INE) as a reference.
The property is part of a Núñez y Navarro building from 1994, featuring concierge service.
It is distributed across a ground floor and mezzanine, connected by an interior staircase, with large floor-to-ceiling windows that provide abundant natural light.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit Pta. 5 | 1,399 SF | Office/Retail | $478,662 ($342.15/SF) | - |
Unit Pta. 5
| Unit Size |
| 1,399 SF |
| Condo Use |
| Office/Retail |
| Price |
| $478,662 ($342.15/SF) |
| NOI |
| - |
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Unit Pta. 5
| Unit Size | 1,399 SF |
| Condo Use | Office/Retail |
| Price | $478,662 ($342.15/SF) |
| NOI | - |
| Sale Type | Investment |
| Description | |
| 130 m² space distributed across a ground floor and mezzanine, featuring a large storefront.</li></ul> | |
| Sale Notes | |
| Excellent investment opportunity with high profitability by acquiring a street-level commercial space located on Paseo de Sant Gervasi, one of the most established areas of Barcelona. The property has a current tenant and generates long-term returns. <br> The current lease agreement has a duration of 10 years (June 1, 2025 - May 31, 2035) with a tiered monthly rent structure: <br> - First and second year (June 1, 2025 to May 31, 2027): €1,500 + VAT per month. <br> - Third and fourth year (June 1, 2027 to May 31, 2029): €1,600 + VAT per month. <br> - Fifth and sixth year (June 1, 2029 to May 31, 2031): €1,700 + VAT per month. <br> - Starting from the seventh year (June 1, 2031 onward): the rent will be adjusted based on the corresponding Consumer Price Index (CPI), using the CPI published by Spain's National Statistics Institute (INE) as a reference. <br> <br> The property is part of a Núñez y Navarro building from 1994, featuring concierge service. <br> It is distributed across a ground floor and mezzanine, connected by an interior staircase, with large floor-to-ceiling windows that provide abundant natural light.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Amenities
Site Amenities
- Elevator
- Public Transportation
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Century 21 Elevare Realty
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Passeig de Sant Gervasi
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