Carrer Napols, Barcelona, Spain

Project Overview

Huge flat in L’Eixample

The Apartment Building

The apartment building is situated on an uphill street in the L’Eixample district. The apartment is located within walking distance from the most important spots of the district. Even if it’s not the most concurred area of L’Eixample you will find a good offer of bars and restaurants, and you’re few minutes from El Born. You will find plenty of public transportation around the area: metro and bus. Plaza Catalunya is 20 minutes walking distance, Sagrada Familia is 10 minutes away.

 

A Fun Detail

Napols means Napoli (or Naples) in catalan, the street name was called with the name of the city because for many years was part of the Aragon Crown.

 

Project Overview

Our team completely rehabilitated one big flat of  130 m2 + 5 m2 of terrace, with 4 bedrooms and 2 bathrooms. The rehab included placing an fine design kitchen, bathroom remodels and interior finishes throughout. The big glass doors in the main living area are lightning up the in length long apartment the whole day around, making it very pleasant to live in.

This apartment is perfect for a families, especially if they like the city centre.

 

Scope of Work
  • Renovating the 4 rooms of the flat
  • Kitchen remodel
  • Bathroom remodels (2) with Tile Finishes and Fixtures
  • New interior doors
  • New flooring throughout the apartment
  • New interior paint throughout the apartment
  • New windows
  • Renewing the electricity system through the apartment
  • Renovation of a small terrace overlooking the backyard of the builidng

 

Project Schedule
Rehab: 2 months
Listing Period: 4 months (partly overlapping)
Total Holding period:  6 months

 

Investment Results Prediction

 

Purchasing price: €240.000
Rehab + costs: €78.000
Total investment: €318.000
Selling price: 355.000
Profit €37.000
ROI investors up to: 11,6%

 

Project Details

  • Categories:Buying,Renovation,Selling,
  • Client:My Blue Bricks
  • Location:Carrer Napols , Barcelona, Spain
  • Surface Area:100 m2
  • Completed:2016
  • Cost:€318.000

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