Purchase Barcelona apartments and rent it in a long-term lease
This is an option for those, who do not chase for big money, but want to completely rid themselves of the hassle of selecting tenants and caring for the house. This industry can’t be called a profitable business - long-term lease brings the owner of Barcelona apartments about 2-3% per annum, which is below the bank rates in Europe. However, it allows not only to maintain the house in a residential condition and to relieve the burden of communal payments, but also to receive a small, but stable income.
Barcelona apartments: short-term or tourist rent
Here, your income will be 5-6.5% per annum, which is more than four percent of bank deposits. You can get especially high income from apartments located in the heart of the city or on the beach. If you want to buy an apartment specifically for renting, you can be assured of security investments - thanks to the low average cost of such apartments (from 600,000 Euros) and constant demand for rent. Such apartments also have a high liquidity: when you want to move on, the apartment can be easily sold.
The building with several apartments intended for a short-term tourist rent will cost the owner around 3 million Euros. However, the cost only seems impressive: first, the return on this investment is up to 8% per annum, and secondly, it is not difficult to get comfortable Spanish mortgage lending for large amount of money. In the future, you can independently conduct your business, using one of the apartments for your own residence. Management companies can help you to solve all arising problems: search for tenants and ensure the safety of housing, but also bear costs of wages and social payments for the housekeeping staff.
Apartments Barcelona: rent of offices
Because of financial problems associated with the crisis, many companies are in decline and reduce the number of used premises, which leads to a drop in rental prices. Thus, with a large number of vacant and offered on the market premises, finding a permanent tenant will not be easy. However, purchase of office space from banks and insurance companies can give you a profit of 5 to 7% per annum. If you are willing to purchase apartments in Barcelona for investments, check the following link:
https://www.domaza.co.uk/barcelona_apartments/