Shopping mall, Alicante, Spain

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Shopping mall, Alicante, Spain

7,000,000 €
1,044 € /m²
£5,961,000
£889 /m²
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  • Total area
    6,700 m²
  • Yield
    9.44%
Details
Property parameters
  • Land area: 17,650 m²
  • Number of parking lots: 250
Financial performance
  • Annual income: 661,000 €
Transaction costs
  • Broker: 5.0%

The mall consists of 3 commercial premises with tenants.

Tenants

The property is fully let. The tenants are major Spanish chains:

  • furniture store chain with several hundred branches in Europe. The tenancy contract has been concluded for 25 years.
  • restaurant chain with several hundred branches in Spain. The tenancy contract has been concluded for 20 years.
  • auto parts store chain with about 100 branches in Spain. The tenancy contract has been concluded for 20 years.

Transaction costs

Brokerage fee — 5%.

Location and nearby infrastructure

The property is located in the province of Alicante, in a town with a population of about 250,000 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.

More properties

If this ad doesn't suit you, have a look at the other shopping centers for sale in Alicante.

All ads in the country: shopping centers for sale in Spain.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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