Unique investment opportunity: a co-living residential building in the heart of Barcelona, located in El Raval. Just a 5-minute walk from Las Ramblas and La Boqueria Market, with nearby metro stations and bus stops.Property Features:Total area: 292 m²Floors: 6 (ground floor + 5), 44 m² per floorComposition:Floors 1–4: 8 studios (2 per floor, 18 m² each)Each studio equipped with a private bathroom, wardrobe, desk, fridge, and balconyShared kitchen per floor for two studiosRooftop terrace: common area with furniture, laundry area, and an additional bathroomGround and mezzanine floors currently used as storage and in need of renovationProject and renovation plans available to convert ground and mezzanine floors into one-bedroom apartmentsCondition:Fully renovated building and studiosRegular maintenance, excellent conditionOperational since 2013 with full occupancyRental Model:100% occupancy year-roundSeasonal rentals targeting students and young professionals (aged 20–35)High-yield co-living modelFinancials:Gross Annual Yield: 7.66%Please note:The agency commission is not included in the property price and is payable separately. This property is currently available; however, at the request of the owners, visual materials may not reflect its actual condition. Detailed information is provided strictly after formalizing a legal relationship.Please contact us for further details regarding this investment opportunity.Alegria realestate — Experts in Commercial Real Estate in SpainCommercial real estate in Spain, particularly in Barcelona and Madrid, remains one of the most stable and attractive investment segments in Europe. Strong demand, limited supply, and consistent asset appreciation make this market both dynamic and high-yielding.Effective operations in this segment require deep knowledge of local regulations, transactional standards, and market-specific practices. Transactions are typically executed within a closed professional environment and follow clearly defined protocols.Our investment process includes:• Signing of a fee acknowledgment agreement (a standard procedure confirming the seriousness of intent and granting access to detailed information)• Personal meeting and confirmation of a tailored list of relevant properties, with legal documentation of information transfer• Individual property viewings accompanied by experienced brokers• Selection of a property and signing of an LOI (Letter of Intent)• Legal and technical due diligence (typically within 30 days)• Final transaction closing before a notaryWhy choose Alegria realestateWe are one of the few firms with a headquarters in Barcelona and a representative office in Madrid, fully integrated into Spain’s professional commercial real estate community. Our team of over 70 experts, each with more than 20 years of experience, provides clients with direct access to exclusive off-market investment opportunities that are not publicly listed.Working with us means gaining strategic access to a closed segment of the market focused on high-return assets — including hotels, buildings, retail and office spaces, development plots, and redevelopment properties.