Algeciras, Costa del Sol, Cádiz

Algeciras, Costa del Sol
1100 sq m
€1,100,000
Reference
R4913167
Town
Algeciras
Build/Unit
1100 sq m
Price
€1,100,000
Reference
R4913167
Town
Algeciras
Build/Unit
1100 sq m
Price
€1,100,000
Location: Algeciras, Costa del Sol, Spain

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.

Ref
R4913167
Price
€1,100,000
Status
Available
Property Type
Internal Area
1100 sq m
Features
Setting: Town
Close To Shops
Close To Sea
Close To Town
Condition: New Construction
Views: Urban
Street
Kitchen: Not Fitted
Parking: Underground

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