Annual return

5,70%

Funded
Rentals

Vizcaya | Commercial RE Barakaldo

Rubica Real Estate

Calle Bizkaia 22-24, Vizcaya

Rubica Real Estate

5 projectsfrom 2023
Funded

1,280,000 €

Total

0 €

Annual return

5,70%

Investors

0

Dividend

Quarterly

Economic summary

Net Profitability5,70%
Gross Profitability7,40%

We present a new project: Local Comercial Barakaldo which consists of the acquisition of a commercial premises leased to the clothing and home goods chain Pepco. The project is located in Barakaldo (Bilbao, Vizcaya), more specifically on Bizkaia Street, 22-24 in one of the most central and commercial areas of the municipality. The premises consist of two registered properties on the ground floor of a residential building and has a gross leasable area (GLA) of 615 m². 100% of the surface is at street level.


Barakaldo is a municipality located in the historical territory and province of Vizcaya in the Basque Country. It is located in the region of Greater Bilbao, on the left bank of the Nervión estuary, just 15 minutes by car from the center of Bilbao. It is the most populated municipality in Vizcaya after Bilbao and the fourth in the Basque Country behind the provincial capitals with a population of 100,881. Historically, a large part of the Basque Country's industry was concentrated in Barakaldo and it is currently the main commercial focus of the northern axis of the peninsula.

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Manager

Rubica Real Estate

Rubica Real Estate is a real estate company specialized in commercial assets. Founded in 2015 and based in Madrid, it advises both owners and operators, providing personalized, professional, and ethical treatment. Its management team has over 50 years of experience, and since its foundation, Rubica Real Estate has participated in more than 190 real estate transactions, mainly in commercial premises, although it has expanded its investment advisory services to other types of tertiary assets, as well as residential buildings.


The services of Rubica Real Estate cover all the necessary disciplines for the investment and management of real estate assets and properties.

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Location

Calle Bizkaia 22-24,

Vizcaya, España