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Calle Ibrahim 247 SF Retail Condo Unit Offered at $81,516 in Málaga, Málaga 29011

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INVESTMENT HIGHLIGHTS

Building located in a well-established residential area with all services within reach.

Well connected by public and private transportation.

EXECUTIVE SUMMARY

Residential building located on Ibrahin Street, in the city of Málaga, in the province of Málaga. It has 8,558 m2 of built area distributed over 9 floors above ground. It boasts excellent transportation links, making it easy to travel to the city center and nearby towns.

PROPERTY FACTS

Total Building Size	> 50,000 SF	Building Class	C
Property Type	Multifamily (Condo)	Floors	9
Property Subtype	Apartment General Retail Storefront Retail/Residential Office Office Residential	Year Built	1970 - 1979

Total Building Size	> 50,000 SF
Property Type	Multifamily (Condo)
Property Subtype	Apartment General Retail Storefront Retail/Residential Office Office Residential
Building Class	C
Floors	9
Year Built	1970 - 1979

1 UNIT AVAILABLE

Unit -

Unit Size	247 SF	Condo Use	Retail
Price	$81,516	Sale Type	Investment
Price Per SF	$330.02

Unit Size	247 SF
Price	$81,516
Price Per SF	$330.02
Condo Use	Retail
Sale Type	Investment

DESCRIPTION

Commercial space of 23 square meters, located on the ground floor of a residential building on Ibrahin Street in the city of Málaga, in the province of Málaga.

SALE NOTES

The property is located on Ibrahin Street in the city of Málaga. It is a property for sale that is currently rented out.

The lease agreement is valid until September 2, 2029. The current use is as a tattoo studio, with a monthly rent of €370.72 plus VAT. The rent is updated according to the CPI in January. The property's gross yield is 6.7%.

The space has an area of 23 m2 and is at street level. It is divided into two rooms and a restroom. The property is in good condition and features air conditioning, a storefront that provides natural light, and an automatic shutter.

The location is close to other shops and services in the area. Additionally, it is near several bus stops, which facilitates access and mobility.

The tenants have proven solvency and good payment capacity, with a long-term lease agreement. Fees are not included in the sale price.