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Property for sale information

 
Business For Sale in Playa del Ingles, Gran Canaria  
Reference nr: 93865
Description:

3 Luxury retail outlets in the busy Cita Centre in Playa del Ingles.

FREEHOLD



These 3 units were at one time used by a very upmarket retailer and were fitted out to a very high standard. The store fronts are very distinctive and stand out well in the Cita Centre thereby attracting customer attention. They are located on the more popular side of the 1st floor, close to other up market stores. These stylish units are now available either together or individually. They are priced according to both size and location as follows:

Local 1 (28m2): 198.500 euro currently rented out, but the freehold is still available.

Local 2 (25m2): 198.500 euro excellent corner location

Local 3 (25m2): 156.750 euro



Numbers 2 and 3 are interconnecting units are available for rent at 3,000 euro/month for both units. A deposit of 6,000 euro will be required and the minimum contract term is 1 year.

Bedrooms: Bathrooms: Price (€):
0 (studio) 156,750
Features:
Submission Date:
10-05-2009
Advertiser Details:


Name:
Lynne Robinson

Company:
Freedom 4 Sale

Phone:
+34617225369
Fax:

Mobile:
+34617225369

 
Property Photo Gallery

 

Business For Sale in Playa del Ingles, Gran Canaria

Business For Sale in Playa del Ingles, Gran Canaria

Business For Sale in Playa del Ingles, Gran Canaria
 
Calculators

 
Property price: €156,750
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations