€ 850,000
Office for sale in Ciutat de les Arts i de les Ciencies, Valencia city, Valencia
- 352 m2
Description
An excellent investment opportunity next to the City of Arts and Sciences in Valencia.
A 352 m² semi-basement commercial premises is offered for sale, located in one of Valencia's areas with the highest business activity and growth potential.
The property has independent street access and is divided into 10 professional offices, with approximate areas ranging from 23 m² to 50 m².
All 10 offices are currently rented, generating a total rental income of €8,900 per month, equivalent to €106,800 in annual rental income.
The configuration of the property and its location make it a particularly attractive asset for investors seeking recurring income from day one, in an established area close to the City of Arts and Sciences.
The space is suitable for professional offices, consulting firms, startups, clinics, service companies and various professional activities.
Investment details:
10 offices currently rented
Total monthly rental income: €8,900
Annual rental income: €106,800
Asking price: €850,000
Approximate gross annual yield: 12.56%
An especially attractive opportunity for investors seeking a fully rented asset, generating recurring income and an approximate gross annual yield of 12.56%, in a strategic location next to the City of Arts and Sciences in Valencia.
Features
- Office
- Build Size: 352 m2
- Energy Efficiency Rating: In Progress