Commercial spaces in a shopping center, Benidorm, Spain

Additional information is provided after the signing of an NDA

Commercial spaces in a shopping center, Benidorm, Spain

275,000 €
1,082 € /m²
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  • Total area
    254 m²
  • Yield
    8.4 %
  • Completion in
    2021.IV
Details
Financial performance
  • Annual income: 23,100 €
Tenants
  • Fully let
  • End of lease: 2031
Transaction costs
  • Broker: 5.0 %

Commercial spaces with a lease agreement of at least 10 years in a shopping center under construction.

Description

A shopping center with a total area of 13,000 m² is under construction, end of construction works: December 2021.

40 commercial spaces with an area of 254 m² each are offered for sale. Price: 275.000 € each.

Also, the shopping center includes 2 restaurants, a logistics center, a relaxation area with sea views and an underground parking.

Extra opportunities

We can help you to get a mortgage on favourable terms. A residence permit can be obtained with the purchase of this property. Please ask our team for more information.

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Tenants

A mandatory lease agreement is concluded for a period of at least 10 years.

At 100% payment of the cost until the end of construction – monthly payments of rental income to the owner will be made by the construction company immediately from the moment of conclusion of the sale agreement.

Location

Benidorm is a city and municipality in Spain with a population of over 70 thousand people, a part of the province of Alicante in the autonomous community of Valencia.

Benidorm is the tourist capital of the Costa Blanca. There are many amazing beaches and clear sea. The city is called the Spanish New York for a large number of skyscrapers and the Spanish Las Vegas for the abundance of bars, restaurants and other places of entertainment.

Benidorm is the city with the highest year-round occupancy of hotels in Spain, more than 85%.

  • Property on the map
    Location right down to the building, street or city

More properties

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

You can see more retail space for sale in Benidorm elsewhere on our website.

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