1-Bed Suite in Barcelona, Spain

  • Listed on Airbnb: Since 2017 (4.52 rating)
  • Gross revenue: €53,300/year
  • Operating costs: €24,500/year (including rental management)
  • Net profit: €25,800/year
  • Cap rate: 5.21%

Property

This apartment, nestled in an impeccable classic building with a well-maintained entrance, offers a blend of whimsy and comfort in a highly sought-after area. The apartment is in good condition, featuring two large, warm, and quiet bedrooms, an integrated kitchen and living area, an entrance hall, and a bathroom. The entire home is equipped with ducted air conditioning and central heating, ensuring a comfortable living environment year-round.

Located in a well-connected neighborhood, the apartment is conveniently situated next to shops, schools, and various services. The surrounding area is one of Madrid’s most important commercial zones, boasting the city’s largest luxury shopping area around Serrano, Claudio Coello, and Ortega y Gasset. This distinguished residential neighborhood is not only known for its high standard of living but also for its stately facades that contribute to Madrid’s reputation as a European capital with a blend of classic and avant-garde architecture. The Salamanca neighborhood stands out as one of the most elegant and prestigious residential areas in Europe.

The neighborhood is also home to one of Madrid’s main sports facilities, the Wizink Center, along with various significant institutions like the Royal Mint and the National Mint and Stamp Factory. This apartment offers a unique opportunity to reside in an area renowned for its elegance and prestige, right in the heart of one of Europe’s most vibrant capitals.

Buying costs

  • Transfer tax: €44,000*
  • Notary fees: €700*
  • Property tax: €400/year*

*Approximate costs

To schedule a viewing or request more information contact us.