Supermarket in Barcelona, Catalonia, Spain

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Supermarket in Barcelona, Catalonia, Spain

700,000 €
£603,000
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  • Yield
    5.3%
  • Rental rate (m²/month)
    17 €
Details
Property parameters
  • Leasable area: 184 m²
Tenants
  • Fully let
  • End of lease: 2031
Transaction costs
  • Broker: 5.0%
Features
  • Street retail

Supermarket with a chain tenant in Barcelona.

Description

Commercial space with an area of 184 m² with a facade of 4 m.

Extra opportunities

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

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Financial performance

The yield in 2021 is 4.5%.

The yield in 2022 is 4.8%.

The yield from 2023 is 5.3%.

Tenants

The property is fully let. The tenant is a supermarket chain.

The lease agreement is valid until 2031.

Transaction costs

The brokerage fee is 5%.

Location and nearby infrastructure

The property is located in Barcelona.

Barcelona is the capital of the autonomous region of Catalonia and the province of Barcelona. The population of the city exceeds 1.6 million people (2nd city in Spain in terms of population after Madrid and 10th in the European Union).

Barcelona is the largest industrial and commercial center of Spain.

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