Beyond brokerage, our team of architects, project managers, and investors provides unparalleled insight into every property we represent. Please read the important information at the end of this listing to learn about our professional process and our complimentary gift to purchasing clients: a complete architectural quality survey valued at €2,500.
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.
Beyond brokerage, our team of architects, project managers, and investors provides unparalleled insight into every property we represent. Please read the important information at the end of this listing to learn about our professional process and our complimentary gift to purchasing clients: a complete architectural quality survey valued at €2,500.
Features
Useful area (m²) :
1100.00
Bedrooms :
0
Diagnostics
Energy Efficiency class
N.C.
Greenhouse gas emission
N.C.
Presented by
CITADELLE CONSULTING
Urb.Romana Playa 843
Marbella - Costa del sol
Spain
http://www.citadelle-consulting.ch
