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Investment Opportunity In Palma Nova For Sale

Palma Nova, Mallorca, Spain
Asking Price:
€100,000
Sales Revenue:
€7,200
Cash Flow:
€6,000

We have happy to bring to the market a nice Investment Opportunity for those looking to start or increase there current Property Portfolio.

The Investment is in a 80 sqm Local situated in Palma Nova that is currently home to a non-profit/Charity organisation in the area for the last 3 years and will continue to be in residence for the foreseeable future.

The Local currently generates €7200 per annum in rental with just €1260 in Community fees to pay, it generates just under €6000 in profit per annum.

The local is held within a sole SL company so the purchase can be done in a very tax-efficient way.

The current owner is looking for owners in the region of €90,000 which can be paid in Euros or Pound Sterling.

Get in touch should you wish to know more about this opportunity.

Property Information

Real Estate:

Lease

Location:

Palma Nova

Premises Details:

Local

Other Information

Furniture / Fixtures value:
€5,000

Contact Information

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