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

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

1,300,000 €
1,813 € /m²
£1,113,000
£1,552 /m²
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  • Total area
    717 m²
  • Yield
    5.0%
  • 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.

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.

More properties

If this ad doesn't suit you, have a look at the other restaurants for sale in Valencia (city).

All ads in the country: restaurants for sale in Spain.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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