Tillbaka

Commercial Other in Algeciras

1 100 000 € • 1 000 €/m² • area 1100 m² • ref.# R4913167

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Apartment Complex in Algeciras

Algeciras

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.

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Basic information

  • Lokalisering Algeciras
  • Reference number R4913167
  • Storlek 1100 m²
  • Skick Good

Building

  • Typ Commercial Other
  • Hiss no

Financial information

  • Listing price 1 100 000 €
  • pris/m² 1000