- 27,285,000 €
- 4.7% yield
- Milan Shop 1,450,000 €
- Basic parameters
- Photo
№ 1,814,075
Shop 200 m² in Milan
1,450,000 €
7,250 € /m²
- Total area 200 m²
- Yield 5.5%
- Lease term 2031
- Constructed —
Key project parameters
- Leasable area
- 200 m²
- Total area
- 200 m²
- Floor
- 1
Project description
Two-level street retail with parking spaces.
Description
The shop covers an area of 200 m², has 3 windows display and is located on two levels:
- ground floor (125 m²)
- basement (75 m²)
Extra information
Car parks
Tenants
- Agreement
- Yes
- End of lease
- 2031
The lease agreement is valid for a period of 6 + 6 years since May 2019.
Financial performance
- Yield
- 5.5%
The absolute annual income is 80,000 €.
The current yield is 5,5%.
Location and nearby infrastructure
The property is located in the center of Milan, near the Colonnade of San Lorenzo.
Milan is the administrative center of Lombardy (the largest region of Italy) and the province of Milan. The population of Milan is more than 1,350,000 people (the 2nd largest city in Italy).
The city is considered the financial and economic capital of the country and one of the world's fashion capitals. There are many financial and trading companies in Milan (Pirelli, Telecom Italia, Alfa Romeo).
Fashion houses and light industry enterprises (Giorgio Armani, Gianni Versace, Dolce & Gabbana, Prada) are world famous. Milan's fashion week is held twice a year.
Milan is served by 3 airports and it is a major European hub of air traffic with a turnover of more than 30 million passengers a year.
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- 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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