- 27,285,000 €
- 4.7% yield
- Milan Office building 27,000,000 €
- Basic parameters
- Photo
№ 1,768,865
Office building 3,000 m² in Milan
27,000,000 €
9,000 € /m²
- Total area 3,000 m²
- Yield 4.8%
- Cost in euros per m2 9,000 €
- Constructed —
Key project parameters
- Total area
- 3,000 m²
Project description
Office building with commercial premises on the ground floor.
Description
Office building of 3,000 m² including 420 m² of ground retail space in a very good condition.
Energy Performance
- Certificate Energy class: G
- Consumption value: 175,00 kWh/ m² a
Tenants
- Agreement
- n/a
Leased to several tenants.
Financial performance
- Yield
- 4.8%
The cost of the property: 27,000,000 € + VAT.
Absolute annual income is 1,300,000 €.
Current yield: 4,8%.
Transaction costs
Brokerage fee 3% + VAT.
Location and nearby infrastructure
The facility is located in the center of Milan, near Duomo.
Milan is the center of the Lombardy region, Italy's second largest city, the country's largest industrial, financial, commercial and transport hub, an important cultural center. The population of the city is more than 1.3 million people.
The city is famous for its museums, art galleries, theaters, monuments of architecture, educational institutions.
There are many financial and trading companies (Pirelli, Telecom Italia, Alfa Romeo) in Milan; industrial enterprises are located in the suburbs. The fashion houses and clothing industry copanies (Giorgio Armani, Gianni Versace, Dolce & Gabbana, Prada, etc.) are world famous and located in Milan.
More properties
If this ad doesn't suit you, have a look at the other office buildings for sale in Milan.
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Diversify your portfolio - invest from $1 million in the construction of residential complexes in Dubai
- annual yield
- From 15-17%
- investment exit horizon
- 2–3 years
- full support at every stage
- Turnkey deal
How we help investors
Analysing the needs
We use a methodology that enables us to formulate requests and find good deals in the market
Developing a strategy
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
Providing transaction support
We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account
Helping with management
We can take over the management of your property or recommend a suitable management company
Organising property viewings
We will arrange a visit to the site to view one or more projects
Saving time
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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