№ 1,814,076
Shop in Milan, Italy
1,410,000 €
3,810 € /m²
  • Total area 370 m²
  • Yield 6.0%
  • Lease term 2030
  • Constructed
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Alina Dunaeva
Investment consultant in Milan
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    Key project parameters

    Leasable area
    370 m²
    Total area
    370 m²
    Floor
    1

    Project description

    Two-level street retail with parking spaces.

    Description

    The shop covers an area of 370 m², has 7 windows display and is located on two levels:

    • ground floor (150 m²)
    • basement (165 m² + warehouse 55 m²)

    Extra information

  • Car parks

    Car parks

  • Tenants

    Agreement
    Yes
    End of lease
    2030

    The lease agreement is valid for a period of 6 + 6 years since August 2018.

    Financial performance

    Yield
    6.0%

    The absolute annual income is 85,000 €.

    The current yield is 6%.

    Request a personalised calculation

    Location and nearby infrastructure

    The property is located in a strategic position between the Portello industrial area and the new Citylife district.

    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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    If this property wasn’t for you, take a look at other retail space for sale in Milan.

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    annual yield
    From 10%
    exit period
    3 years
    Request more details

    How we help investors

    Analysing the needs

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    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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      Anna Vorobyeva
      Anna Vorobyeva,
      Head of Commercial Property Department
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      Mikhail Reyderman
      Mikhail Reyderman
      Commercial Real Estate Expert

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