Culmia seeks buyer for Barcelona’s first co-living building

Culmia seeks buyer for Barcelona’s first co-living building

The real estate developer (created by the purchase of Solvia Desarrollos Inmobiliarios by Oaktree) decided to make some profit with a unique asset it has in its portfolio. The building is new and waiting to open, and it is located in Poblenou, 700 metres away from Bogatell beach. It has 2.073 sqm spread across 6 floors with 17 dwellings. The bottom floor has parking spots and 17 storage areas. It is certified by BREEAM.

Besides its location – it is very close to the headquarters of multinational companies such as Amazon, Facebook, T-Systems, HP, Telefónica-, its attraction being the opportunities it offers for co-living, as explained by its sellers.

Due to the way the building is set with floors with two rooms and two showers, to its wide common areas on the ground floor (playground, personal training room and yoga room) and a wide common terrace, it is a building with significant appeal for co-living and corporate rentals, which provides the tenants with great accommodation and a great experience, beyond traditional rental».

«There are already operators interested in managing the building, facilitating yields to investors».

The current owner decided to market the asset through a private online sale in auction portal Addmeet. Only qualified investors and operators can access the portal. The idea is to start the process in the coming days and the sale will take place in September.

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