Shop 667 m² in Barcelona

4,060,000 €

6,086 € /m²

Total area 667 m²
Yield 5.6%
Lease term —
Constructed 1950

Check availability of the property

Send the listing to yourself

Print Download PDF

Key project parameters

Total area: 667 m²
Constructed: 1950

Project description

Commercial space in the center of Gijón, Asturias.

Total area: 667 sq. m: 315 sq. m on the ground floor and 352 sq. m in the basement.

Currently leased to a large clothing chain.

The contract was signed on March 20, 2019, for a term of 20 years.

Annual rent: € 230,000.

Property tax: € 3,200 per year, shared equally by the tenant and the owner.

Community fees and garbage collection are paid by the tenant; the amount is to be determined.

Profitability: 5.6%

Tenants

Agreement: n/a

Financial performance

Yield: 5.6%

Request a personalised calculation

More properties

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

All ads in the country: retail space for sale in Spain.

Diversify your portfolio - invest from $1 million in the construction of residential complexes in Dubai

annual yield: From 15-17%
investment exit horizon: 2–3 years
full support at every stage: Turnkey deal

Request more details

How we help investors

Analysing the needs

We use a methodology that enables us to formulate requests and find good deals in the market

Developing a strategy

We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment

Providing transaction support

We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account