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1 500 000 €

Investment project in Rome, Italy, 15 000 sq.m

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  • Investment project in Rome, Italy, 15 000 sq.m - picture 1
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  • Property ID on Prian.info: 3458528
    Last update: 26.05.2023
    Number of views: 2897

1 500 000 €

Investment project in Rome, Italy, 15 000 sq.m

15000 sq.m 14% per year

  • On the map
  • Property ID on Prian.info: 3458528
    Last update: 26.05.2023
    Number of views: 2897

Specifications

Sale price 1 500 000 €
Price per square meter 133.33 €
Floor area 15 000 sq.m
Address Italy, Rome
Location in suburbs

Finance

Profitability
Annual return 14 %

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

Business expenses
Not included in the price

Description

completely renovated Sports Center in the Cassia/La Giustiniana area. The Circle covers over 15,000 square meters approx. and includes
a swimming pool 25x12,50,
2 red clay tennis courts with lighting,
4 beach volleyball courts with heated sand and covered with pressure balloon,
4 padel courts of which 2 covered,
gym of 200 square meters. with Technogym machinery,
3 football fields and 5 with synthetic turf of the latest generation.
All facilities are new (beach volleyball and padel) and / or renovated and are equipped with lighting systems and own services.
In the club house there are, in addition to the secretariat and executive offices, the bar and restaurant (60 seats covered + 60 seats on a large terrace). There is also a large parking and various common areas surrounded by greenery.

The club, located among other things within the Veio Park, is in possession of all concessionary and administrative authorizations.

Currently all the individual sports activities have been granted by the property in multi-year lease to third parties towards the payment of monthly fees that amount to about € 23.000.
In conclusion, the total amount of these contracts constitutes an annual annuity of about 14%