Commercial - (Algeciras)

Algeciras, Cádiz, Costa del Sol (Spain)
For Sale
1.100.000 € (EUR)
R4913167 - 1100 m²

Description

Investment Apartment building in central location of Algeciras with 7% ROI

This rare property investment opportunity is located in a sought after residential area of Algeciras,
in a walking distance to supermarket (Mercadona), a 24h pharmacy, sport and recreation facilities,
just a 8 minute drive from the port and very close to the A7, to go quickly wherever you need to go.

The investment building expands over 3 levels and offers 11 apartments, 13 underground parking spaces and a roof top terrace with stunning views.
With current rental prices in that top location of around € 9,00 per square meter we see a ROI of about 7%. in this city where the economy revolves around its port, a vital hub in the Mediterranean, ranking first in container traffic.

Algeciras has experienced rapid economic growth, driven by both the port’s expansion and its role as a logistical bridge between Europe and Africa. Industries such as chemicals, metallurgy, and a growing tourism sector contribute to the city’s prosperity.

Details

CountrySpain
Property ReferenceR4913167
Reference Agency
IBI Fees (Property Tax)
Rubbish (Trash Tax)
Community Fees

Address

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Jessica profile
Jessica Cano
Real Estate Coordinator

Commercial - (Algeciras)

Algeciras, Cádiz, Costa del Sol (Spain)
For Sale
1.100.000 € (EUR)
R4913167 - 1100 m²

Description

Investment Apartment building in central location of Algeciras with 7% ROI

This rare property investment opportunity is located in a sought after residential area of Algeciras,
in a walking distance to supermarket (Mercadona), a 24h pharmacy, sport and recreation facilities,
just a 8 minute drive from the port and very close to the A7, to go quickly wherever you need to go.

The investment building expands over 3 levels and offers 11 apartments, 13 underground parking spaces and a roof top terrace with stunning views.
With current rental prices in that top location of around € 9,00 per square meter we see a ROI of about 7%. in this city where the economy revolves around its port, a vital hub in the Mediterranean, ranking first in container traffic.

Algeciras has experienced rapid economic growth, driven by both the port’s expansion and its role as a logistical bridge between Europe and Africa. Industries such as chemicals, metallurgy, and a growing tourism sector contribute to the city’s prosperity.

Details

CountrySpain
Property ReferenceR4913167
Reference Agency
IBI Fees (Property Tax)
Rubbish (Trash Tax)
Community Fees

Address

Spain, Cádiz, Costa del Sol, Algeciras

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