Commercial property in Madrid, Spain, 50 m²

Commercial premises in the heart of the city of Madrid.

The total area is 50 sq.m.

The tenant is a coffee shop.

The contract was signed on 25.11.2022 for a period of 10 years.

The mandatory execution period is until 30.04.2025.

The amount of rent per year is 30,000 euros per year.

The deposit is 2 months plus 4 months of additional guarantee.

The quota for the community in the amount of 756 euros per year is paid by the tenant.

The property tax in the amount of 381 euros per year is paid by the owner.

The profitability is 5.65%.