Commercial property in Malaga, Spain, 1 605 sq.m

The commercial and residential real estate complex located in Malaga is a ready-made rental business, including residential apartments for short- and medium-term rent, office space, restaurants and street retail facilities for long-term rent. Such a combination of long-, medium- and short-term leases ensure the stability of cash flow.

Commercial premises with a total area of 865 sq. m. m are located in 3 buildings built on their own plots of land. They include a hairdressing salon, a beauty clinic, 2 shops, 2 restaurants, 2 music studios and 3 office spaces.

Residential premises with a total area of 740 sq. m. m are located in 2 buildings built on their own plots of land. They include 2 studios, 4 2-room apartments and 2 penthouses.

All properties are in perfect condition and equipped with the necessary equipment and furniture. The premises do not require additional financial investments, thanks to timely capital and cosmetic repairs, and the cost of maintaining real estate is minimized as a result of effective management.

Financial indicators:

Actual annual rental revenue: € 146,160

The annual return on invested capital, taking into account 60% lending, is 5.25%

Average annual increase in value due to rising real estate prices – 5%

Average annual growth of rental rates in Malaga over the past 5 years – 5%