Commercial premises in Gandia
Selling commercial premises on the main street of gandía, province of Valencia, 990.000 euros, 7.7% return!!!
- Area - 579 sq.meters.
- Gandia is the second largest city in the province of Valencia, the center of industry and tourism on the Mediterranean coast.
- The room is rented to an international holding with an annual turnover of 1.5 billion Euros, having its own offices in 9 countries and over 1500 employees.
- Lease 15 years, rent is 76000 euros per year, 6333 euros per month, representing 7.7% return.
- Tenant pays all costs of operating and maintaining the premises in proper condition, including annual property tax (IBI).
- In 2020, the tenant invested over 400.000 Euro in the repair and refurbishment of the premises.
- Price: 990.000 euros
- Not included: 5% Agency Commission, the cost of notarial registration of purchase.
Excellent investment with great profitability in the best location in the city with a reliable tenant.
Location Region Valencia City Gandia District Gandia Property description Type of real estate Commercial properties Type of commercial property Other Square feet 579 sq m Additional data Selling