In the shopping center on the island Tenerife
#169174
€ 6.200.000
Location
Region:
Island Tenerife
Country:
Spain
General information
Features:
Ready to move in property
Kinds of services:
Real estate for sale, Investment
Type:
Commercial premise, Ready business, Shopping center
Next is:
beach , sea
Offers from:
Real estate agency
Property status:
Resale Properties
Parameters
Property price:
6.200.000
Facilities
Garage / Parking
Basement
Description
We offer shopping center Merkadona, located on Tenerife.
Area: ground floor 2235 m2, basement 2342 m2, basement 2101 m2 and covered floor 150 m2. Parking places: 51 places.
Operator Contract: 40 years (signed in 2008, 29 years left). Mandatory compliance: 15 years (5 years left). The operator’s initial investment was € 3 million.
Monthly income: € 28,700 + IGIC (VAT on the Canary Islands)
Costs: IBI and the landlord community.
Income
28,700 x 12 = 344,400
Profitability ... 5.30%
+ 3% commission from the buyer.
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City description
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