Commercial property for sale in Barcelona Old Town

Spain, Barcelona Old Town Buy
from 1,050,000 EUR
Commercial 359 m² 0

Characteristics

Type Commercial
Square 359 m²
Rooms 0
Market Resale
Furnished Furnished kitchen

Description

Commercial premises located on the famous Rambla, in the immediate vicinity of the Gran Teatre del Liceu. Situated in one of the most visited and bustling areas of the city with high commercial activity and intense tourist flow.

The property is surrounded by various shops, restaurants, tourist accommodations, museums, and other establishments.

Contract Terms

  • Lease start: May 9, 2001
  • Lease term: 25 years
  • Annual rent: 151,200 €
  • Deposit: 2 months' rent

Annual expenses (tenant's account)

  • Utility costs: 473 €/year
  • Share of common expenses: 1,507 €/year
  • Property tax (IBI): 411 €/year

Investment Potential

Net yield

4.5%

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from 1,050,000 EUR