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Shop for sale in Las Americas

Location Europe › Spain Date Added: 13.04.2015 at 21:58 Expiration Date: 27.06.2031 at 12:58 Page Views: 302 Listing ID 31341

Technical data

Purpose
Sale
Size of Property
52 m²

Description

Las Americas Freehold Local or Investment Opportunity

This freehold local is for sale for a new business or as an investment opportunity. Located in Las Americas in a frontline beach complex in Tenerife, currently it has a long term tenant trading as a beauty salon. The premises are 52m2 with sanitary facilities.

The rental income is €900 Euros per month and the tenant pays all the bills.

The price for the freehold is €130,000 Euros with an annual rent of €10,800 per annum which give a rental yield of 8.24% before tax.

Alternatively the property can be sold with vacant possession for a new business.

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