Commercial space in the center of Alicante, Spain

Additional information is provided after the signing of an NDA

Commercial space in the center of Alicante, Spain

950,000 €
500 € /m²
£821,000
£432 /m²
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  • Total area
    1,900 m²
  • Yield
    7.8%
Details
Property parameters
  • 1 floor
Financial performance
  • Annual income: 75,600 €
Transaction costs
  • Broker: 5.0%

Commercial space in the city center.

Description

The total area of the space is 1900 m²:

  • 800 m² – ground floor
  • 1100 m² – basement

Extra opportunities

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

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Financial performance

It is possible to lease the entire area of the space for € 6,300 per month with a yield of 7.8%, or to lease the area in parts, which will increase revenue up to 10%.

Location and nearby infrastructure

Alicante is a resort town in eastern Spain, the center of the province of the same name. It is considered the capital of the eastern Spanish coast and the main resort of the Costa Blanca. The population of the city is more than 300 thousand people.

Alicante is the most popular province of Spain among foreigners – last year, 50% of local house purchases were made by foreigners. In addition, there is one of the largest airports in the country, serving up to 13 million passengers per year.

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

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