Commercial premises with guaranteed income in busy district of Barcelona

For sale is offered a commercial property in good condition in the Garcia area with extensive windows, terrace, C3 license. The area is busy, with many restaurants, bars, cafes, boutiques and shops. At the same time, in this part of the city there are many green spaces and a favorable ecological situation. The tenant is a restaurant famous for its Mediterranean and Peruvian food, which attracts many customers.

• • presence of a known tenant
  • Rent €2000 per month + taxes
  • 10-year contract with an option to extend for another 5 years
  • property tax €840.52 per year
  • condominium fee

The buyer pays only €350,000 as €150,000 is advanced to him by the developer in the form of a loan, with the condition that the developer receives rent from the property for 10 years. After 10 years, the owner can:Option 1: Use the buyback option, €350,000 refund Option 2: Sell on the market at the current rate Option 3: Keep the property for yourself