Property available at SPAINMOVECommercial property investment for sale in Malaga, Costa del Sol

Description:

Asset Investment: Building for sale in Malaga (Sale & Leaseback with 7,16% R.O.I.)

Building located in Malaga, which is for sale ("off-market" sale).

A building with a total surface area of ​​6000 m². Additionally has an area of 1,000 m² of private parking, a total of 100 parking spaces that are included in the property sale operation.

Currently rented and with contracts in force since 2022, to three different companies of maximum solvency:

- The contract of the first company is for 10 years with two years of mandatory compliance

- The contract of the second company (which occupies the rest of the building with the exception of the basement) is for 10 years with mandatory compliance of five years

- The third company (from the basement) is the only one that does not have a binding contract

To adapt the building to highest-class rental level, an investment of 800000 Euros has been made in the property.

Sale price: 5585000 Euros

Annual rent: 400000 Euros

Annual return: 7.16%

For more information: Letter of Interest and P.O.F.

 

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Details:

Type:
Building
Reference:
SPM202103BE
Category:
Investment
Condition:
Excellent
m² built:
6000
Comunal areas:
Yes
m² garden/plot:
1000
Elevator:
Yes
Air Conditioning:
Yes
Private garage:
Yes
Shared garage:
Yes
Position:
Rubbish fees:
0€

€5,585,000

Ref: SPM202103BE
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