Parking in Malaga, Andalusia, Spain

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Parking in Malaga, Andalusia, Spain

24,000,000 €
1,655 € /m²
£20,545,000
£1,416 /m²
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  • Total area
    14,500 m²
  • Yield
    7.3%
Details
Property parameters
  • Number of parking lots: 1,000
  • 6-floor building
Financial performance
  • Annual income: 1,770,000 €
Transaction costs
  • Broker: 3.0%

Parking in Malaga.

Description

Six-level parking with a total area of 14,500 m² is constructed for 1000 cars.

The building is located in close proximity to Malaga Airport.

Financial performance

The annual gross income is 1,770,000 €.

The gross yield is 7.3%.

Location

The parking is located near the Malaga airport, that annually receives about 15 million passengers from all over the world. The distance to the city center is about 8 km.

Malaga is a municipality of Spain, capital of the Province of Malaga, in the autonomous community of Andalusia. With a population of about 600,000 people, it is the second-most populous city of Andalusia after Seville and the sixth most populous in Spain. It lies on the Costa del Sol (Coast of the Sun) of the Mediterranean.

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If this ad doesn't suit you, have a look at the other parking lots for sale in Malaga.

All ads in the country: parking lots for sale in Spain.

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    Marina Filichkina,
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