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#Business ID: 13802

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Manage 150 rooms in shared flats, down town Madrid and Barcelona. Great opportunity to acquire unique business model

Business Location: City Center Madrid and Barcelona, Madrid, Community of Madrid, Spain

Asking Price: € 2,000,000 Revenue: € 600,000 Cash Flow: € 35,000

[Furniture / Fixtures and Inventory / Stock included]

Business Summary

It is not a tourist business, it is long term rental.
We are an organization that was funded with the purpose to make it easier for international students and workers to find housing, renting out rooms in shared flats without intermediaries and commissions.
We manage 150 rooms in shared flats, property of select owners, down town Madrid and Barcelona.
Spain is the most popular destination country with 39300 incoming Erasmus students.
Growing opportunity international.
Net income 5-10 %
Our experience and professionalism is supported by a Real Estate company which holds more than 20 years of experience in the business of rentals.

Property Details

Years Established:

1

Property Type:

Real

Other Business Details

Business Location:

City center of Madrid and Barcelona. Main streets.

Expansion Potential:

Growing opportunity international.

Business Operation Details

Employees:

5

Relocatable:

Business Relocatable

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