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1 050 000 €

Commercial property on Costa del Maresme, Spain, 650 sq.m
  • Commercial property on Costa del Maresme, Spain, 650 sq.m - picture 1
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  • Commercial property on Costa del Maresme, Spain, 650 sq.m - picture 1
  • Property ID on Prian.info: 3911730
    Last update: 06.06.2024
    Number of views: 140

1 050 000 €

Commercial property on Costa del Maresme, Spain, 650 sq.m

650 sq.m 6.29% per year
Residence

  • On the map
  • Property ID on Prian.info: 3911730
    Last update: 06.06.2024
    Number of views: 140

Specifications

Sale price 1 050 000 €
Price per square meter 995.26 €
Floor area 650 sq.m

Additional services

  • Residence permit upon purchase

Finance

Profitability
Annual return 6.29 %

Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100%


Description

Asset: a large retail space located in a tourist town on the coast of Maresme. The tenant is an important network of home and interior goods.

The room is conveniently located: it is located in an important tourist city, but at the same time at the junction of major highways.

The lease contract was concluded in 2019 for 15 years, with a mandatory execution of 5 years.

Annual rent increases based on the CPI are provided.

TOTAL AREA: 650 sq.m.

COST: 1.055.000 €

ANNUAL INCOME: 66.000 €

Expenses (property tax and utility bills) are paid by the tenant.

NET profit margin: 6.29%.

*In order to preserve confidential information, the photos, as well as the exact address used in the offer, are not specified or fictitious. For complete reliable information, please contact us.

*The agency's commission and transaction costs are not included in the price.


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Representative

Sviatlana H
Investment director
Languages: english
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Seller
Sviatlana H Investment director

Retail Experts Factory SL

Languages: english
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