Commercial premise rented for long term rent to the Bank, in Barcelona.
Total area - 200 sqm Long term lease, up to 2030, signed with Banco Popular. A contract with a mandatory implementation until 2025.
Barcelona is a city in Spain, capital of the Autonomous region of Catalonia and the province. Port on the Mediterranean sea, 120 km from the border of France. The largest industrial and commercial center of Spain. One of the most important tourist points in European routes. The population of Barcelona — 1 615 908 (data for 2008). It is the second largest city in Spain by population after Madrid and tenth in the European Union. In the suburbs of the city lives 3 186 461 inhabitants, and the province of Barcelona has 4 928 825 inhabitants.
The value of the object - 650 000 euros. Annual income - 39 725 € + VAT. Rental yield is 6.11% per annum. ROI - 8 %. Possible mortgage in the amount of 50% of the value of the object. There are IPC indexing. The documents are ready to deal. Additional information is available upon request.

Posted Jun 7, 2015

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