Apartment Complex for sale in 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.

Features

Purchase expenses

Our expenses calculator will provide an estimate of all costs involved in buying a house in Spain. Use these figures as a guideline only: the actual figures will vary according to the property's location and the bank you choose, among other factors. To the total, you must add your mortgage payments, and comisión de apertura if your bank charges it.