Commercial property in Benidorm

Vendor code: DO02009210
€88,700
  • Description

    Sale of commercial real estate in Spain — from 88.700 €, 9.2% profitability!

    Sale of stands of the representative office in Spain of the world's largest wholesale exhibition center YIWU China: 88.700 € per stand – 9.2% profitability!

    Wholesale center-YIWU exhibition, is the largest wholesale market in the world. (see the Guinness book of records). It covers an area of 5.5 million square meters and has 210 thousand customers daily.

    Website: www.YIWUFREE.COM

    The stands we offer for sale are located in the official representative office of this exhibition YIWU in Spain, near Benidorm.

    At the moment, the Spanish representative office is under construction and the center is scheduled to be commissioned in December 2021.

    The Spanish representation of the exhibition has a total area of 15.639 sq. m.

    It consists of 4 floors, where there are 133 stands of Chinese manufacturers, 2 restaurants, warehouses, underground Parking for 146 cars (3.856 sq. m.)

    All stands have already signed lease contracts with Chinese manufacturers for a period of 10 years with an annual payment to the Owner of 8.160 € + VAT, which corresponds to 680 € + VAT per month, which is 9.2% per annum!

    The area of each stand is 59.4 sq. m.

    Cost of 1 stand: 88.700 €

    The price does not include: 5% real estate Agency services.

    Payment form:

    - 20% when signing the purchase and sale contract

    - balance for the year in 4 equal payments (each approximately 17.740 €)

    All expenses for the operation of the stands and the center are borne by the management company, except for the annual property tax IBI, which is paid by the Owner and is 120 € per stand.

    An excellent investment in the world's largest wholesaler with a guaranteed yield of 9.2% per annum!

    See more objects in our catalog:

  • Features
    Location
    RegionAlicante
    CityBenidorm
    DistrictBenidorm
    Property description
    Type of real estateCommercial properties
    Type of commercial propertyOther
    Additional data
    Selling