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Zona Centro Apartment Building $860,533 Malgrat de Mar, Barcelona 08380

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INVESTMENT HIGHLIGHTS

  • Opportunity for investors.
  • Possibility to build 6 houses.
  • Excellent connectivity.
  • Profitable asset.

EXECUTIVE SUMMARY

Residential building with commercial premises available for sale, an excellent opportunity for investors. It currently generates revenues of €63,000, without having all the spaces rented. In addition, it offers the possibility of building 6 single-family homes, each with a commercial space at street level.
Located in the center of Malgrat de Mar, in front of the church and just 400 m from the beach, this corner building has 5 commercial premises and 3 houses. The premises are located on the most commercial street in the area. The first store has 50 m2, three more have 20 m2 each, and the last one, also in the corner, has 50 m2 with views of the church square and a window that overlooks two streets.
As for the houses, the first has 48 m2, the second 30 m2 and the third 80 m2. Both first homes have a large terrace of 120 m2 and a large laundry room in the upper part of the building. The third house, which has access from the other street, has a large living room and a double bedroom.
The building is perfectly connected to public transport, with several bus stops nearby, as well as the Malgrat de Mar train station, which connects directly to Barcelona and other nearby towns. In addition, it has easy access to major roads, such as the N-II and the AP-7, ensuring an excellent road connection.

PROPERTY FACTS

Price $860,533
Sale Type Investment
Gross Rent Multiplier 11.73
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Building Size < 15,000 SF
Year Built/Renovated 1970 - 1979/1980 - 1989

AMENITIES

UNIT AMENITIES

  • Attic
  • Instant Hot Water
  • Office

SITE AMENITIES

  • 24 Hour Access
  • Private Bathroom
  • Listing ID: 34575576

  • Date on Market: 1/23/2025

  • Last Updated:

  • Address: Malgrat de Mar, Barcelona 08380

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