Back to description

Commercials
Algeciras

All images
ref: R4913167

Commercials
Algeciras

1.100.000
Area: 1100 m²

About the property

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.

Contact

Your agent

Linda Serneholt

+34 951 560 933
info@serneholtestate.com
I speak: swedish, english
-No agents for office Algeciras -No name go to default

    Facts

    • Town
    • Close to shops
    • Close to sea / beach
    • Close to town
    • Urban view
    • Street view
    • Communal underground parking

    Please contact us for exact position

      Mortgage calculator: Calculate the monthly cost for a mortgage from a Spanish bank



      Monthly quote for the loan*

      € / month

      * Tax, Legal costs and Remortgage to be added

      Cash payment

      Asking price:

      Mortgage: