88 m²
3
1962
-
28/12/2053
3.45%

0/1
88 m²
3
1962
-
28/12/2053
3.45%
THREE-BEDROOM APARTMENT FOR RENT WITH LONG-TERM CONTRACT IN BARCELONA
Rented accommodation located in the Sants area, a well-established residential area of Barcelona, with a wide range of services, shops and good public transport connections.
Built in 1962, the property has a constructed area of 88 m² according to the Land Registry and a usable area of 70.25 m² according to the property registry information . It comprises three bedrooms and one bathroom, is an exterior unit, has a south-facing orientation, and features a Juliet balcony.
The apartment is on the third floor, was rented furnished, and does not include a garage or storage room. The building's elevator is currently under construction. The interior of the property has not been recently renovated.
The lease agreement was formalized in December 2023 for a duration of 30 years, with an expected end date of December 2053. The agreed base rent is €950 per month and the contract establishes a system of decreasing bonuses during its first ten years.
According to the contractual schedule, the rent applicable to the current period is €690/month , equivalent to €8,280/year . Based on a sale price of €240,000 , this represents a current approximate gross return of 3.45% .
The phased reduction of the bonus allows for a projected minimum increase of €20 per month each year . Without yet considering future adjustments, the projected rent would be €710/month from December 2026 , gradually increasing to €830/month during the tenth year of the contract . After this bonus period ends, the base rent of €950/month will be required, plus any applicable adjustments as stipulated in the contract.
These projections do not incorporate the future effect of the CPI. The contract includes rent updates starting in December 2026, so the actual amounts could be higher depending on applicable revisions.
The tenant assumes certain general expenses of the property amounting to €12.63 per month and has expressly waived the right of first refusal in case of sale.
Interior photographs are not currently available. The images shown are of the exterior of the building and are for illustrative purposes only.
Interior visits will only be coordinated when there is a firm buyer, by prior appointment and through authorized persons.
An operation aimed at investors looking for a rented home in Barcelona, with three bedrooms, a long-term contract and a rent structure with contractually planned increases.
On our website you can find more information about renting and related expenses.
Inviertis provides real estate investment solutions to all types of investors, tailored to their objectives and risk management, supporting them throughout the entire process and offering products and services that maximize returns. It also offers access to an exclusive portfolio of income-producing properties. The information provided comes from various sources, including official bodies, the owner, and their associates, and therefore may not be entirely accurate. Inviertis is not legally responsible for any errors or inaccuracies. To expand upon or verify the information, please consult one of our agents.
QUALITY OF THE AREA
Melcior de Palau, 69, Barcelona, Barcelona
Flat
88 m²
70.25 m²
3
1
1962
Good condition
Yes
Good condition
Yes
Property Reference: 2425
Lease type
HabitualSublease
NoSecurity deposit
€950Is there a right to purchase?
NoUpgradable to the IPC
YesIPC updated
NoAnimals allowed
No
Purchase price
Monthly rent
Acquisition costs
Total Initial Investment

Revenue
Current annual rent
Annual rent increase
Vacancy factor
Expected income 2º year
8,353.69 €Expenses
Total operating expenses
463.56 €Net operating cash flow
7,816.44 € Mortgage
Net cash flow
7,816.44 €A selection of properties carefully chosen by our team.