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750 000 €

Shop in Madrid, Spain, 304 m²
  • Shop in Madrid, Spain, 304 m² - picture 1
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  • Shop in Madrid, Spain, 304 m² - picture 1
  • Property ID on Prianproperty.com: 3432852
    Last update: 13.08.2024
    Number of views: 3444

750 000 €

Shop in Madrid, Spain, 304 m²

304 sq.m 4.5% per year
Business on sale

  • Property ID on Prianproperty.com: 3432852
    Last update: 13.08.2024
    Number of views: 3444

Specifications

Sale price 750 000 €
Price per square meter 2 467.11 €
Floor area 304 m²
Construction phase Resale
Address Spain, Madrid
Location within the city
Business on sale

Finance

Profitability
Annual return 4.5 %

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

Annual income 33 801 €

Annual rental revenue, excluding operating expenses

Pay-off period 22 years

Rental income covers all the expenses in

Business expenses
Not included in the price
Commission fee 5 %

Description

Chain supermarket in Madrid, Chamartin district

  • The total area of 304 sq.m on the ground floor
    (143 sq.m ground floor, 161 basement)

  • Contract for 20 years from 2012 to 2032, remaining 11 years

  • Rental income 33.801 euros per year

  • The cost of maintaining 3.072 euros of real estate is paid by the owner

  • The annual property tax of 1.763 euros is paid by the owner

  • 5%+ broker's commission

  • Price 750.000 euros

  • Yield 4.5 %


Contact seller

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Representative

Elena Pinkhasik
Head of EU Direction
Languages: english
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Seller
Elena Pinkhasik Head of EU Direction

Intermark Global

Languages: english
Contact seller
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