Building For Sale In Ciutat Vella, Ciutat Vella, Barcelona
5 Beds
5 Baths
2,820 Sqft
Updated: May 26
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About the Property
Savills is pleased to present this freehold mixed-use building combining tourist, residential and commercial uses, located in the very heart of historic Barcelona. The property is set on one of the most emblematic streets of the Gothic Quarter, just moments from Plaça George Orwell and within walking distance of the seafront.
Originally built in 1928, the asset is arranged over ground flo
Savills is pleased to present this freehold mixed-use building combining tourist, residential and commercial uses, located in the very heart of historic Barcelona. The property is set on one of the most emblematic streets of the Gothic Quarter, just moments from Plaça George Orwell and within walking distance of the seafront.
Originally built in 1928, the asset is arranged over ground floor plus five upper levels and comprises five independent apartments, one per floor. All units benefit from balconies facing the main façade, providing natural light and a strong connection to the urban surroundings. The internal layout has been optimised for short- and medium-term stays, and the building is currently operational with a combination of valid tourist licences and mid-term rental use, allowing for diversified demand and stable income generation.
In addition, the property includes a fully refurbished retail unit on the ground floor, currently let under a long-term lease, providing a secure and recurring income stream and reinforcing the mixed-use profile of the asset. The building offers approximately 262 sq m of built area on a 37 sq m plot. It is efficiently configured within the traditional historic urban fabric and does not include a lift, consistent with period buildings in the Old Town.
Over recent years, the building has benefited from various improvement works, including the refurbishment of most residential units, allowing for immediate continued operation. Its location, in one of the city’s most attractive cultural and tourist areas, together with the limited availability of comparable stock in the historic centre, strengthens its position as a prime income-generating asset with medium-term upside potential.
This represents a rare investment opportunity in one of Barcelona’s most established and in-demand locations, where regulated tourist use, stable commercial income and a prime central setting combine to offer a highly attractive proposition for both yield-focused and repositioning investors.
For further information or to arrange a private viewing, please contact Savills.