Underground parking lot in a new building in the center of Barcelona

Great opportunity for investors – parking for sale in the center of Barcelona. Premise of 15.137 m2 disposes of space for 515 cars, 54 motorcycles and 21 bicycles. It’s a great investment chance for those looking for a new business in Barcelona. This underground parking is located in Parc Cientific building, commissioned in 2011. The building is being rented by a famous medical laboratory Esteve that has around 400 employees, conference room for 700 people and a restaurant of 900 m2. On this territory there is also a building of University of Barcelona that has around 200 professors and students. Moreover, near this premise these is famous Camp Nou Stadium, that constantly hosts the most interesting national as well as international football games.  
Les Corts district is one of the most popular residential areas among both locals and foreigners who move to live in Spain. This parking is currently rented with a rental agreement for 25 years with a possibility to prolong it for 50 years, purchasing according to a concession agreement. Currently profitability of this investment is of 7%, in 2016 it is expected to rise till 16%.