Commercial premises in Gandia

Vendor code: DO0153620
€990,000
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  • Description

    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.

  • Features
    Location
    RegionValencia
    CityGandia
    DistrictGandia
    Property description
    Type of real estateCommercial properties
    Type of commercial propertyOther
    Square feet579 sq m
    Additional data
    Selling