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.

Please note that the location displayed on this map is NOT of this actual property but of the general location and cannot be relied upon

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

Plot Size

0 m²

Built

1100 m²

Terrace