Investment 2 870 m² in Malaga, Spain

Spain, Malaga
Archive cost €1,85M
Sold or out of date
Updated at: 18/07/2022

Location

Country: Spain
State: Andalusia
Region: Malaga

Property parameters

Total area: 2 870 m²

Description

ALI-170621. Commercial offer in Malaga 5 commercial premises are being sold, which are currently connected to each other, forming a single whole. Currently, the complex has been leased under a long-term contract (valid until 2033) with a large supermarket, with a guaranteed minimum yield of 6.40% per annum. The area of 5 rooms is 2.592 m², the cadastral area of the entire room is 2.870 m². ⁇ The property is located in a densely populated residential area of Malaga: the Baylen-Miraflores district, a 15-minute drive (about 3 km) from the city center. In this area there are schools, both public and private, a hospital, many retail stores, banks, cafes, bars and several churches. Supermarket with an area of 2.592 m2 (five rooms combined into one). It is located in a densely populated residential area northwest of the city of Malaga: the Baylen-Miraflores area (namely Miraflores de los Angeles), a 15-minute drive by car (about 3 km) from the city center. & nbsp ; This is one of the oldest and most traditional neighborhoods of the city of Malaga. In this area there are several educational institutions, both public and private, a hospital, many outlets, banks, cafes and bars, as well as several churches. The population of the region is mainly middle-income people, the working class and regular customers of this type of business. In this area, we counted another 6 supermarkets at a distance of half a kilometer, as well as several small grocery stores. Malaga population: 570,006 inhabitants. Baylen - Miraflores district: about 63,000 inhabitants. Surface area: 6.93 square kilometers. The cadastral value of commercial premises that make up the supermarket, although lower than the market one, is 1,776,172 euros. And the market value was estimated at 3.040.416 euros, t.e. 1173 euros / m2 according to a random study of prices for 20 certificates of premises at a distance of less than 800 m.& nbsp; & nbsp; & nbsp ; & nbsp; & nbsp ; The sale of an asset is carried out by transferring the finished business, if it is interesting to the buyer, or transferring property and subrogating the lease. We can provide you with appropriate rental and novation contracts, as well as IBI receipts with updated cadastral value. The income from the rental of the supermarket is 115.815 euros per year (contract until 2033). Additional company services : - Verification of legal cleanliness - Legal support of the transaction with a guarantee of receipt of all documents of ownership - Travel: Booking airline tickets at the lowest price - Post-sale service - solving any issues related to real estate maintenance ALI-170621

Location

Spain, Malaga