Sold
Selling a shopping center and Mercadona in Los Cristiano. Tenerife
#169173
€ 6.900.000
Location
Country:
Spain
Region:
Island Tenerife
City:
Los Cristianos
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:
6.900.000
Area - total (sq.m):
3.280
Price per sq.m.:
2104
Facilities
Garage / Parking
Basement
Description
For sale shopping center in the south of Tenerife.
Total area: 3280 m2 (first floor 229 m2, basement 74 m2, basement 1582 m2, basement 1220, basement 137 and floor covering 38). There are 80 parking spaces.
Operator Contract: 25 years (from June 2004, 10 years left)
Monthly income: € 40,345.15 + IGIC (VAT on the Canary Islands)
Community: 6000 (500 € per month)
Yield:
40 345.15 X 12 = 484 141.80 Euro / year
Annual IBI - 23,500
Comunidad - 6,000
Network to receive - 454,641.80 per year + annual IPC
Profitability of 6.58%
+ 3% commission from the buyer
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City description
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