- Milan Shop 20,000,000 €
- Basic parameters
- Photo
№ 1,768,847
Commercial space, Milan, Italy
20,000,000 €
19,157 € /m²
- Total area 1,044 m²
- Yield 5.0%
- Lease term —
- Constructed —
Key project parameters
- Total area
- 1,044 m²
- Floors
- 7
Project description
Commercial space in the center of the city.
Description
6 floors + ground floor with a total area of 1,044 m².
Tenants
- Agreement
- n/a
Currently rented from 27/10/2014.
The 1st lease term ends 26/10/2026.
Financial performance
- Yield
- 5.0%
Absolute annual income is 1,000,000 €.
Current yield: 5%.
Transaction costs
Brokerage fee 3% + VAT.
Location and nearby infrastructure
The property is located in the center of Milan, 120 meters from Cathedral Square.
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.
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- annual yield
- From 10%
- exit period
- 3 years
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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Mikhail Reyderman
Commercial Real Estate Expert
Commercial Real Estate Expert
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