Office in Madrid, Spain, 2 339 sq.m

Sale of offices with tenants in the center of Madrid

Office space on the ground floor with direct independent access from the street: 2339 m2 + 55 parking spaces.

2.315 m2 ground floor

24 m2 ground floor

Rent:

Contract start: 2019

End of contract: 2028

Mandatory compliance: three years / March 2022

Completed Comprehensive Rehabilitation: € 1,700,000

Annual office rent: 18 euro / m2 c / 42 102 euro / month / 505 224 euro / year

Annual parking rent:

Rent of office space 23 pk: 150 € / ms / 41 400 € / year

Rent 29 pk, other expenses: 124 € / month / 43152 € / year

Rent 03 pk free: 0 €

Annual parking rent: 84,540 euros per year.

Total annual income: 589,764 euros per year.

Costs: communidad and IBI are approximately 79,000 euros per year, works on behalf of an office tenant approximately 72,000 euros per year. Thus, more than 90% of expenses and taxes are passed on to the tenant.

Annual net profit: 582,764 euros per year

When buying this business, a residence permit in Spain is issued for the whole family, including parents