Inviertis

Flat of 88 m² in Barcelona

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Built m²

88 m²

room

3

Built

1962

Verification

-

Rent end

28/12/2053

Gross Profit.

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.

Elevator
Balcony
Furnished
Outward facing

QUALITY OF THE AREA

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Melcior de Palau, 69, Barcelona, Barcelona

Property details

Type

Flat

Built m²

88 m²

Useful m²

70.25 m²

Rooms

3

Bathrooms

1

Built

1962

Condition

Good condition

Viewing available

Yes


Energy consumption
S/N
Emisions
S/N
Condition

Good condition

Viewing available

Yes

Expenses of active

Owner
Taxes (IBI)
    0€/ Year

Tenant
Community expenses
  • 152€/ Year

Rental information

29/12/2023
28/12/2053

Lease type

Habitual

Sublease

No

Security deposit

€950

Is there a right to purchase?

No

Upgradable to the IPC

Yes

IPC updated

No

Animals allowed

No
ilustración ok
INSURANCE The property is eligible para un non-payment insurance
See conditions

Documents

Download the property documentation
  • icono file
    Cadastre pdf
  • icono file
    Leasing contract pdf
  • icono file
    Simple note pdf
Calculator

info iconPurchase price

€

info iconMonthly rent

€
Mortgage

info icon Amount to mortgage

€

info iconYears of mortgage

d

info iconInterest rate

%

info icon Mortgage costs

%
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info icon Acquisition costs

€
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Total Initial Investment

268,825 €
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