1 050 000 €
1 050 000 €
Sale price | 1 050 000 € |
Price per square meter | 995.26 € |
Floor area | 650 sq.m |
Address | Spain, Costa del Maresme |
Location | at the seaside |
Profitability | |
---|---|
Annual return | 6.29 % |
Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100% |
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.