Office space with a 15-year lease in the center of Gandia, Spain

Additional information is provided after the signing of an NDA

Office space with a 15-year lease in the center of Gandia, Spain

990,000 €
1,709 € /m²
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  • Total area
    579 m²
  • Yield
    7.7 %
  • Rental rate (m²/month)
    10 €
Details
Financial performance
  • Annual income: 76,000 €
Tenants
  • Fully let
  • End of lease: 2035
Transaction costs
  • Broker: 5.0 %

Commercial space on the main street of Gandia – the second largest city in the province of Valencia, located on the Mediterranean coast.

Description

The area of the space is 579 m².

In 2020, the tenant invested more than € 400,000 in repair and refurbishment of the space.

Extra opportunities

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

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Tenants

The space is leased to an international holding company with an annual turnover of 1.5 billion euros, with offices in 9 countries and more than 1,500 employees.

The lease agreement is valid for 15 years.

The tenant pays all expenses for the operation and maintenance of the space, including the annual property tax (IBI).

Location

Gandia is a resort in Spain, located 70 km south of Valencia, on the Costa Blanca. The population is 80,000.

Today Gandia is a developed and popular seaside resort. Not only Spaniards, but also the residents of neighboring European countries like to spend their vacation here. There are several beaches, interesting sights associated with Borgia, and the rest of the infrastructure: hotels, restaurants, bars, shops, markets, long promenades, parks.

The nearest airport to Gandia is Valencia Airport located in 75 km from the resort.

  • 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 offices for sale in Spain.

You can see more offices 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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