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498 000 €

Cafe, restaurant in Milan, Italy, 112 m²
  • Cafe, restaurant in Milan, Italy, 112 m² - picture 1
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  • Cafe, restaurant in Milan, Italy, 112 m² - picture 1
  • Property ID on Prianproperty.com: 3962452
    Last update: 05.11.2024
    Number of views: 74

498 000 €

Cafe, restaurant in Milan, Italy, 112 m²

112 sq.m 8% per year

  • Property ID on Prianproperty.com: 3962452
    Last update: 05.11.2024
    Number of views: 74

Specifications

Sale price 498 000 €
Price per square meter 4 446.43 €
Floor area 112 m²
Address Italy, Milan
Location within the city

Finance

Profitability
Annual return 8 %

Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100%


Description

Cafe-bar 112 m2 in Milan, with a tenant, yield 8% per annum

A cafe-bar is offered for sale, completely renovated in 2023, with a lease agreement until 31.10.2029 with an annual yield of 8.3%. The room is located in the Porta Venezia area on Via Panfilo Castaldi, has two windows to the street and has the opportunity to have an open veranda about 10 meters long. The property also has two basements with an area of 17 and 15 square meters. The property is being sold with a valid lease agreement.

498,000 euros + transaction costs


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