3 800 000 €
3 800 000 €
Sale price | 3 800 000 € |
Price per square meter | 2 710.41 € |
Floor area | 1 402 m² |
Address | Spain, Madrid |
Location | within the city |
Business on sale |
Profitability | |
---|---|
Annual return | 5.5 % |
Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100% |
|
Annual income | 211 034 € |
Annual rental revenue, excluding operating expenses |
|
Pay-off period | 18 years |
Rental income covers all the expenses in |
Business expenses | |
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Not included in the price | |
Commission fee | 5 % |
Supermarket in Madrid, Comillas district
The total area of 1.402 sq.m on the ground floor
Contract from 2019 to 2029
The rental rate is 211.034 euros per year
Due to the virus situation, there are discounts on rent for 3 years ( 2020 - 15% discount, 2021 - 10% discount, 2022 - 5% discount)
The cost of maintaining the property is paid by the tenant
The annual property tax of 15,000 euros is paid by the owner
4% broker commission
Price 3.800.000 euros
Yield 5.55 %