Apartment Complex for sale in Algeciras, Campo de Gibraltar
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.
Houd er rekening mee dat de locatie die op deze kaart wordt weergegeven NIET die van dit daadwerkelijke pand is, maar van de algemene locatie en dat er geen betrouwbare informatie kan worden verkregen.
Views
Urban
Street
Setting
Close To Sea
Close To Shops
Close To Town
Town
Condition
New Construction
Kitchen
Not Fitted
Parking
Underground
Community Fees: €0 / monthly
Waste Disposal Fees: €0 / annually
IBI ( Tax over Real Estate ): €0 / annually
Highlights
Reference
R4913167
Price
€1,100,000
Location
Algeciras
Area
Cadiz
Property Type
Apartment Complex
Bedrooms
Bathrooms
0
Plot Size
0 m2
Built
1100 m2
Terrace
0 m2