Description

BUILDING WITH A ZONING PERMIT FOR ACTIVE TOURISM USE, offering an annual return of 91% on the principal and 5% on interest

Assets with this configuration do not appear on the market frequently, and BUCKINGHAM Property Advisors is pleased to present this exclusive management opportunity to you.

We present an exceptional opportunity to acquire a fully operational hospitality asset with an extraordinarily solid legal, urban planning, and operational structure.

The great differential of this asset is its configuration: a completely vertically integrated property with a specific urban planning license for a building intended for tourist use housing and compatible uses, with a structure oriented entirely to leisure and hospitality, and units currently in tourist operation.

An extremely scarce heritage typology, especially due to its legal and operational fit.

Main features:

• Entire building with 1,044 m² constructed area • Specific urban planning license for tourist use of the building • 10 units currently in tourist operation (HUTB) • 50 operational places • 2 commercial premises with long-term indexed contracts • Rooftop terrace • Elevator • Fully equipped asset (FF&E included) • Professionalized operational infrastructure with electronic locks, acoustic control, and video surveillance • Updated and perfectly maintained building

Currently, the asset operates under highly optimized and completely consolidated management.

Additionally, there is the possibility of delivery with an external operator currently in operation, with extraorarily efficient operations and immediate transition for the new owner if desired.

Current performance: The asset currently yields an annual net return of approximately 91% after operator fees.

A unique, hard-to-replicate real estate asset, designed for investors and operators seeking a fully functional hospitality structure from day one.

Extended information under LOI and POF.

Mandatory Legal Information (Law 18/2007): * Location: Barcelona * Property Status: Renovated * This property is entirely for hotel use and is not horizontally divided. * Surfaces: Built 1044m2 * Taxes not included in the offer price * Real Estate Agent: BUCKINGHAM Property Advisors (AICAT 11665 | API 3922)