I want to become a real estate investor. I’m from Belgium but living already for 6 years in Barcelona. My goal is to own several properties (apartments) for rental purposes that will create passive income. Any opinion on whether investing in student apts / young professionals is a smart way to kick start my business?
We sell a gorgeous historical building (the Casa Santjaume) in Grand Barcelona by Antoni Puig i Gairalt, the same renowned architect, musician, and Pau Casals’ friend, who designed for him the Vil·la Casals on Sant Salvador’s beach (http://www.paucasals.cat).
The Casa Santjaume (http://www.thinkspain.com/spanish-property/3180293) is suitable for conversion into touristic or student apartments. It’s located at the very center of Catalonia’s second most important town, L’Hospitalet, attached to Barcelona with the same transportation services (underground, buses, FGC, RENFE, taxi, etc) and where there is NO touristic or similar moratory in contrast to what happens in Barcelona.