Restaurant with a well-known chain tenant in the center of Valencia, Spain

Additional information is provided after the signing of an NDA

Restaurant with a well-known chain tenant in the center of Valencia, Spain

1,300,000 €
1,813 € /m²
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  • Total area
    717 m²
  • Yield
    5.0 %
  • Rental rate (m²/month)
    7 €
  • Built in 
    2019
Details
Financial performance
  • Annual income: 65,000 €
Loan
  • Loan size: 70% of the value of the property
  • Rate: 1.9 %
  • Loan term: 15 years
Transaction costs
  • Broker: 5.0 %

Restaurant with parking under construction in the city center.

Description

Restaurant with a high-class tenant and a total area of 717 m².

The end of construction — autumn of 2019.

Extra opportunities

A Golden Visa can be obtained with the purchase of this property (residence permit for investments).

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Financial performance

The absolute annual income is 65,000 €.

The yield is 5%.

Loan

Possible mortgage: 900,000 € at 1.9% per annum for up to 15 years.

Transaction costs

Brokerage fee is 5%.

Location

The property is located the center of Valencia, near educational institutions and recreation areas, is guaranteed to provide a steady stream of visitors.

There are 300 sunny days a year in Valencia with an average temperature of 19ºС, which makes this province ideal for living all year round.

Valencia has beautiful architecture, developed infrastructure, schools and universities, excellent gastronomy and spacious beaches.

Valencia is also the venue for international events such as the European Formula One Grand Prix or the Valencia Open Tennis 500 Championship.

  • Property on the map
    Location right down to the building, street or city
  • Other properties
    Other offers nearby

More properties

If this property wasn’t for you, take a look at other restaurants for sale in Spain.

You can see more restaurants for sale in Valencia (city) elsewhere on our website.

Statistics in Valencia

Price per m², €
2,653
Healthcare efficiency level
82
Index 82 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
74
Index 74 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, €
Apartment in the city centre, m² 2,652.73
Apartment in a bedroom community, m² 1,468.18
Transport Price, €
Public transport, 1 ride 1.5
Monthly travel card 41.0
Taxi, 1 km 1.08
Petrol, 1 l 1.28
Food Price, €
Water, 1.5 l 0.42
Milk, 1 l 0.69
White bread, 500 g 0.78
Eggs, a dozen 1.44
Chicken fillet, 1 kg 6.17
Education Price, €
Kindergarten, per month 347.64
International school, per year 6,972.73
Health care index
Staff competence 81.67
Medical equipment 89.81
Research accuracy and completeness 83.33
Attitude towards patients 75.83
Security index
Crime rate 18.6
The risk of being robbed 20.18
The risk of car theft 32.69
The risk of break-in and property damage 37.05

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

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