Carrer del Comte Borrell, 115B Apartment Building $3,432,528 Eixample, Barcelona 08015

Ref.: BCN-INV-017253
Available for sale: an excellent residential building located in l’Esquerra de l’Eixample, one of the most established residential areas with sustained demand in Barcelona.
The building consists of eight apartments, two commercial spaces, and one studio unit without a certificate of occupancy, offering a diversified income structure and multiple repositioning strategies.
In its current state, the property generates an approximate gross yield of 4%, with clear potential for improvement through the renovation of units pending updates.
Three apartments have already been fully renovated, while the remaining units offer potential for increased rental income after refurbishment.
All lease agreements have upcoming expiration dates, allowing the investor to reposition the asset in the short term, either by updating rents or pursuing a unit-by-unit divestment strategy.
The street where the property is located has been transformed into a semi-pedestrian axis, enhancing the quality of the urban environment and boosting commercial activity for the retail spaces.
It is situated near the Mercat de Sant Antoni, making it a highly active commercial area.
The sale price is competitive compared to the average in the area.