Commercial property in Barcelona, Spain, 40 sq.m

Commercial premises in the Ciutat Bay area in the city of Barcelona.

The total area is 40 sq.m.

The tenant is a mobile phone and accessories store.

The contract was signed in July 2023 for a period of 10 years.

The mandatory execution period is 1 year.

The rental amount in the first year is 13,200 euros, from the second year the rental amount increases to 14,400 euros. An increase in IPC from the third year.

The property tax in the amount of 294.84 euros per year and the quota for the community in the amount of 488 euros per year is paid by the owner.

The profitability in the first year is 5%, from the second year the profitability is 5.7%.