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Renovated studio apartment with tourist licence for up to four guests and a rental yield of 9 % with proven booking rates of 98 % yearly
Barcelona, Barcelona, Spain, 08004
REF: 655185
€515,000
Description
Renovated studio apartment with tourist licence for up to four guests and a rental yield of 9 % with proven booking rates of 98 % yearly. A great opportunity to invest in a high yield property located in a quiet square in Poble Sec, only a few minutes walk to Montjuic and the Magic Fountain of Montjuic. Upon entering the apartment you have the spacious, rustic designed complete bathroom with a large walk-in shower and a bidet. When continuing, you have the half-open kitchen fully equipped with quality whiteware and the rest of the apartment. The exposed, whitewashed walls, wooden ceiling beams and the parquet floor gives the place a real authentic feeling and the guests a place to call home throughout their stay with maximum comfort. The balcony with frosted glass lets in lots of natural light while offering complete privacy. The guests will find everything they would be needing during their visit, including a queen-sized bed, a sofa bed for extra guests, a dining table a TV and much more. The 47 m property is located on the second floor in a well-preserved building with elevator. In the neighbourhood you will find a large selection of local bars and restaurants, and easy access to public transportation. Poble Sec has its own vibe and gives guests a chance to chose between staying in the relaxing atmosphere right there or in 15 minutes be in the centre of Barcelona. Possibility to buy in bulk with other tourist licenced apartments close-by. Do not miss out on this amazing investment opportunity and contact us for more information and to arrange a visit.
Renovated studio apartment with tourist licence for up to four guests and a rental yield of 9 % with proven booking rates of 98 % yearly. A great opportunity to invest in a high yield property located in a quiet square in Poble Sec, only a few minutes walk to Montjuic and the Magic Fountain of Montjuic. Upon entering the apartment you have the spacious, rustic designed complete bathroom with a large walk-in shower and a bidet. When continuing, you have the half-open kitchen fully equipped with quality whiteware and the rest of the apartment. The exposed, whitewashed walls, wooden ceiling beams and the parquet floor gives the place a real authentic feeling and the guests a place to call home throughout their stay with maximum comfort. The balcony with frosted glass lets in lots of natural light while offering complete privacy. The guests will find everything they would be needing during their visit, including a queen-sized bed, a sofa bed for extra guests, a dining table a TV and much more. The 47 m property is located on the second floor in a well-preserved building with elevator. In the neighbourhood you will find a large selection of local bars and restaurants, and easy access to public transportation. Poble Sec has its own vibe and gives guests a chance to chose between staying in the relaxing atmosphere right there or in 15 minutes be in the centre of Barcelona. Possibility to buy in bulk with other tourist licenced apartments close-by. Do not miss out on this amazing investment opportunity and contact us for more information and to arrange a visit.
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Currency Exchange
Barcelona, Barcelona, Spain, 08004
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Spain do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Spain takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €515,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €515,000 | £438,105 | £451,418 | £13,313 |
| Property Price € | €515,000 |
| Minimum cost in the last six months | £438,105 |
| Maximum cost in the last six months | £451,418 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,313 |
Barcelona, Barcelona, Spain, 08004
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Spain do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Spain takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €515,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €515,000 | £438,105 | £451,418 | £13,313 |
| Property Price € | €515,000 |
| Minimum cost in the last six months | £438,105 |
| Maximum cost in the last six months | £451,418 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,313 |
The exchange rate on the day you make an offer on your property in Spain will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £13,313 more.
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