Commercial property 2 000 m² in Alicante, Spain

Spain, Alicante
Archive cost €2,50M
Sold or out of date
Updated at: 01/06/2023

Location

Country: Spain
State: Valencian Community
Region: Provincia de Alacant/Alicante
City: Alicante
Address: placa dels Estels

Property parameters

Total area: 2 000 m²

Description

The advantages of investing in this facility: 1) This is a passive type of income for investors who do not want to be active participants in business processes and can make high profits without special efforts, 2) Has a long-term contract with a guaranteed lease period and stable rental payments. 3) Investments give monthly net income without any additional labor costs. Tenants withhold landlord's tax from monthly rent payments, independently pay it in the tax service and transfer net income to the property owner's account.4) Real estate will always be liquid, due to the fact that it is intended for chains of grocery stores and is located in residential areas that have great passability and purchasing ability. 5) This is private property that guarantees a highly profitable profitability to its owner. 6) Investment in commercial real estate in Europe guarantees you a stable monthly income. We offer you to increase your capital by purchasing a profitable commercial property! Characteristics of investment real estate: Shopping center - supermarket of the well-known grocery chain CONSUM in the province of Alicante. The lease agreement with the retail chain has been concluded until 2021, the balance of mandatory execution is 6 years. There is a proposal to extend the lease for 25 years. It is possible to reduce the price when paying with cash 20% of the purchase amount and, due to this, increase the return on investment by 1-2%. Yield data: Rental income per month is 19,041 & euro;, per year - 228,492 & euro;. Profitability 7.6% taking into account all acquisition costs and more than 9% excluding expenses.

Location

Spain, Alicante