Commercial property 579 m² in Gandia, Spain

Gandia, Spain
Archive cost €990,000
Sold or out of date
Updated at: 22/04/2021

Location

Country: Spain
State: Valencian Community
Region: Valencia
Town: Gandia

Property parameters

Total area: 579 m²

Description

DescriptionSale of a commercial premise in the main street of Gandia, province of Valencia, 990.000 euros, 7.7% profitability!!!Area: 579 m2.Gandia – the second largest city in the province of Valencia, a center of industry and tourism on the Mediterranean coast.The premise was leased by an international holding company with an annual turnover of 1.5 billion euros, with offices in 9 countries and more than 1.500 employees.The 15-year lease contract, the rental payment is 76.000 euros per year, 6.333 euros per month, which is 7.7% of profitability.The tenant pays all expenses for the operation and maintenance of the facilities in good condition, including the annual property tax (IBI).In 2020, the tenant invested more than 400.000 euros in the repair and remodeling of the facilities.Price: 990.000 euros.The price does not include: 5% agency commission, notarization expenses.A great investment with great profitability in the best place in the city with a reliable tenant!!!

Features

  • Furnitured
  • Parking
  • Yes
  • Air conditioner
  • Swimming pool
  • Spa & wellness centre
  • Pond
  • Gym
  • Golf-course
  • Near Infrastructure
  • Private parking

Location

Gandia, Spain