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Zona céntrica Apartment Building $2,445,358 Lloret de Mar, Gerona 17310
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INVESTMENT HIGHLIGHTS
- Building with access from three streets and three unique facades.
- Possibility of redistributing and expanding housing to increase value and profitability.
- Established pizzeria with a 10-year lease and high buyer interest.
- 13 apartments, 10 rented until 2028.
- Renovated music bar with a capacity for 245 people.
- Approximate annual income of €120,000 with stable contracts and legal coverage.
EXECUTIVE SUMMARY
Magnificent investment opportunity. Located in the heart of Lloret de Mar, this multifamily building is available for sale with an attractive yield. It stands out for its unique access from three streets—Calle del Carme, Paseo del Puig, and Calle Fàbrica—offering a distinctive urban presence with three facades and a sloped plot that adds character and versatility to the property.
Partially renovated in 2008, the building features 13 medium-sized apartments (ranging from 36 to 48 m²), 10 of which are currently leased to the Generalitat de Catalunya under a stable contract valid until 2028. This agreement provides guaranteed legal and physical coverage. The verbal intention to renew the contract beyond this date offers exceptional security and stability for institutional investors or conservative profiles seeking predictable, risk-free income.
The property also includes a 250 m² triplex penthouse with a 150 m² private terrace, offering an exclusive space with the potential for conversion into larger residential units, thereby increasing market value and rental potential.
On the ground floor and basement, there are two commercial spaces: a music bar with a capacity for 245 people, recently renovated and currently vacant, and a pizzeria with a smoke vent, leased for a decade to an established business that has expressed explicit interest in purchasing the space. Additionally, an ATM space, directly operated by the property, provides an additional income stream.
The property is complemented by an office, laundry room, cleaning room for internal use, and a closed parking space, ensuring convenience and functionality for both residents and the businesses operating within the building.
This building in Lloret de Mar is a unique opportunity that combines financial stability, diversified income streams, and clear potential for value appreciation. It is ideal for investors seeking a solid asset in a location with high tourist and residential appeal.
Partially renovated in 2008, the building features 13 medium-sized apartments (ranging from 36 to 48 m²), 10 of which are currently leased to the Generalitat de Catalunya under a stable contract valid until 2028. This agreement provides guaranteed legal and physical coverage. The verbal intention to renew the contract beyond this date offers exceptional security and stability for institutional investors or conservative profiles seeking predictable, risk-free income.
The property also includes a 250 m² triplex penthouse with a 150 m² private terrace, offering an exclusive space with the potential for conversion into larger residential units, thereby increasing market value and rental potential.
On the ground floor and basement, there are two commercial spaces: a music bar with a capacity for 245 people, recently renovated and currently vacant, and a pizzeria with a smoke vent, leased for a decade to an established business that has expressed explicit interest in purchasing the space. Additionally, an ATM space, directly operated by the property, provides an additional income stream.
The property is complemented by an office, laundry room, cleaning room for internal use, and a closed parking space, ensuring convenience and functionality for both residents and the businesses operating within the building.
This building in Lloret de Mar is a unique opportunity that combines financial stability, diversified income streams, and clear potential for value appreciation. It is ideal for investors seeking a solid asset in a location with high tourist and residential appeal.
PROPERTY FACTS
| Price | $2,445,358 | Building Class | C |
| Sale Type | Investment | Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily | Year Built | 1950 - 1959 |
| Property Subtype | Apartment | Tenancy | Single |
| Apartment Style | Mid-Rise |
| Price | $2,445,358 |
| Sale Type | Investment |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Building Size | 10,000 - 60,000 SF |
| Year Built | 1950 - 1959 |
| Tenancy | Single |
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