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INVESTMENT OPPORTUNITY – Local in Palma Nova

Details

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 €125,000 which can be paid in Euros or Pound Sterling.

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

  • ID: 4051
  • Published: 22nd July 2019
  • Last Update: 22nd July 2019
  • Views: 7