40 room-hotel with a business plan for renovation and rental, Rome, Italy
- 7,930,000 $
- 7.0% yield
Commercial premises with a total area of 270 m².
Federal tax (VAT) — 5%.
Registration fee (Dubai Land Department transfer fee) — 4%.
Brokerage fee — 2%.
The property is located on the Palm Jumeirah.
Dubai is the largest city in the United Arab Emirates, the administrative center of the emirate of Dubai, the most important commercial and financial center of the UAE and the entire Middle East.
Dubai does not have some significant types of taxes: corporate income tax, capital gains tax, personal income tax, as well as tax on repatriation of income. The UAE also has double tax treaties with more than twenty countries around the world. Free economic zones (FEZ) are of great value in doing business in Dubai. The offshore zone is located in the Jebel Ali area.
If this property wasn’t for you, take a look at other retail space for sale in The Palm Jumeirah.
All ads in the country: retail space for sale in the UAE.
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