Centro urbano Apartment Building $1,253,569 Vilafranca del Penedès, Barcelona 08720

Available for sale is a fantastic building located in the heart of the historic center of Vilafranca del Penedès. It offers an exceptional investment opportunity in one of the most iconic towns of Alt Penedès. Built in 1890 and renovated over the years, it combines traditional architectural charm with modern functionality, ideal for those seeking assets with history and performance.
The building has a surface area of 320 m2, 416 m2 according to the land registry, distributed over 3 above-ground floors and one attic floor. The ground floor, designated for commercial use, has 110 m2, and the three upper floors house two apartments of 110 m2 each, in addition to storage rooms in the attic floor. This configuration allows for a diversification of uses and tenants, which reduces risk and improves income stability.
Currently, both the commercial space and the apartments are rented, with contracts in place until 2028, generating a 5% return. Additionally, its exceptional location in the urban core of Vilafranca ensures high demand for both residential and commercial purposes. Surrounded by services, shops, public transportation, and cultural areas, the building benefits from excellent connectivity and visibility.
The building has installed heating but lacks air conditioning.