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Shop 373 m² in Spain, Spain

Spain
€520,000
€1,394/m²
;
Shop 373 m² in Spain, Spain
3
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Description Description
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Location

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  • Country
    Spain

Property characteristics

Property parameters

  • Price per m²
    Price per m²
    €1,394/m²
  • Total area
    Total area
    373 m²

Description

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For sale is a commercial premises with a reliable tenant, located in a tourist seaside town on the Costa del Maresme.

The premises are located in the commercial area of ​​the city, which is filled with various shops and establishments, which creates high pedestrian traffic daily.

Surroundings:

  • city market;
  • pharmacy;
  • secondary school;
  • many bars and restaurants.

The property is leased to a clothing store of a large international chain. The lease agreement was signed in October 2021 for a period of 15 years. Community expenses are paid by the tenant.

According to the agreement, the rental price will be:

  • €2,500 / month until October 2026;
  • €2,900 / month from October 2026 to October 2027;
  • from October 2027: annual rental price increase according to the IPC (consumer price index).

Thus, an increase in profitability from 5.77% to 6.7% is guaranteed.

The premises with a total area of ​​373 m2 are located on the first floor of a residential building and are equipped with a bright façade over 3 meters long.

The premises are sold for €520,000, which will allow you not only to receive a stable income in euros, but also to obtain an investor residence permit.

Posted at: 09/01/2025
Updated at: 09/01/2025

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Spain
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Shop 373 m² in Spain, Spain
Spain
€520,000
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