This commercial property for sale encompasses three spaces in one, in artsy El Born, a part of the Ciutat Vella district and is extremely well located in terms of proximity to Barcelona’s most famous attractions. It is within easy walking distance from the Old Town’s main attractions, the city park, the old port & the beach.
Comprising 119 sqm in total, the premises (a combination of a clothing store, sunglasses store and a storage room) have contracts for up to 5 years, with 2 years guaranteed income of 5%.
The annual rent is €24,000, the IBI is €143/year and the communal fee €120/year. This is a great investment opportunity taking into consideration the price, its rental income and excellent location.
Why El Born?
El Born has undergone a radical transformation, even by Barcelona’s standards. It has become one of the city’s most edgy and fashionable districts, home to an enormous variety of restaurants and bars, not to mention high-end street fashion boutiques. At the same time it has become an extremely popular residential district, especially amongst younger foreigners with good budgets wishing to live amid the action.