€ 70,000
Apartment for sale in Cornellà de Llobregat, Barcelona
- 66 m2
- 3
- 1
Description
Asset investment in Cornellà: home with an elevator for 95,000 €, with an estimated open-market value close to 195,000 €. Purchase with an approximate discount of 51 % compared to its open-market value.
Exterior home of 66 m² built and 61 m² usable, distributed in three bedrooms and a bathroom. It is located on the third floor with elevator, south-facing.
The property is sold with a tenant paying an old rent, so it is aimed exclusively at investors looking to acquire a home with a discount versus its open-market value and to hold it as a long- or medium-term asset investment.
Main investment details:
- Sale price: 95,000 €
- Price per square meter: approximately 1,439 €/m² built
- Lease contract: old rent
- Estimated value of the free home: 195,000 €
- Approximate discount versus the open-market value: 51 %
Located in a consolidated area of Cornellà, close to shops, services, and public transport.
Due to the rental characteristics, this is not an investment focused on achieving high immediate returns, but rather on buying a residential asset below its open-market value, with potential for value recovery in the long term.
Features
- Apartment
- Bedrooms: 3
- Bathrooms: 1
- Build Size: 66 m2
- Year Built: 1969
- Energy Efficiency Rating: In Progress