€ 1,500,000
Restaurant/Bar for sale in Granollers, Barcelona
Description
A ready-to-build development project in the city of Granollers (Barcelona province): reconstruction of an existing building with the addition of two extra floors. All approvals and the building permit have already been obtained. Final asset: a commercial ground floor + 5 residential floors, 10 apartments, a commercial unit, and 6 parking spaces, with a total net sellable area of 1,241 m². Project description: The project targets the modern comfort residential segment and high-quality commercial space. Sales prices are set below the upper market boundary (~−10%), increasing liquidity: for apartments — €4,050/m²; for commercial space and parking — €2,700/m². The total projected sales revenue amounts to €4.75 million. Investor summary: Total investment volume (acquisition, reconstruction, operating expenses): €3.36 million. Projected net profit: approximately €1.39 million, resulting in: ROI ≈ 41% (return on investment) IRR ≈ 30–42% (annualized return considering project duration) Project timeline: 12–18 months This is a fast and straightforward development case with complete documentation, a transparent financial model, and high profitability, suitable for private, fund, and bank capital.
Features
- Restaurant/Bar
- Energy Efficiency Rating: In Progress