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Single-storey premises with a very large façade on the street that can be divided. This commercial premises would be ideal to set up a storage business. 2 forms of purchase: purchase sale €3M or rent €12,000/month with purchase option.
The owner's objective is to sell, it could not be rented for more than 2 years before notarizing. To set up a business from behind, access by car is comfortable and also to enter the premises, you could set up about 1100M2 of storage rooms of different sizes with a profitability of €25/M2, which is €25,500 per month and €330,000 gross per year. Net ROI 9/10% of the purchase price.
Property Features
- 1 bedroom
- 1 bathroom
- 1,478m² Build size
Costing Breakdown
* Transfer tax is based on the sale value or the cadastral value whichever is the highest.
** The information above is displayed as a guide only.
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* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.
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In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.
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