Commercial property 1 400 m² in Alicante, Spain

Spain, Alicante
Archive cost €1,60M
Sold or out of date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: 1 400 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 real estate! Characteristics of the investment real estate: Supermarket of the famous grocery chain with an area of 1,400 m2, located in the province of Alicante, with underground parking for 41 cars. Currently, the premises have been rented for 35 years since 2007 with the possibility of extension for another 15 years. Yield data: Real monthly rent - 8,000 & euro; - per year 96,000 euros. Payback 14, 5 years. Profitability of 6%. The commission is paid as follows: 3% buyer. We will provide additional data on request.

Location

Spain, Alicante