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Calle Ibrahim 247 SF Retail Condo Unit Offered at $82,243 in Málaga, Málaga 29011
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Investment Highlights
- Building located in a well-established residential area with all services close at hand.
- Well connected by both 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.
1 Unit Available
Unit -
| Unit Size | 247 SF | Condo Use | Retail |
| Price | $82,243 | Sale Type | Investment |
| Price Per SF | $332.97 |
| Unit Size | 247 SF |
| Price | $82,243 |
| Price Per SF | $332.97 |
| Condo Use | Retail |
| Sale Type | Investment |
Description
Retail space of 23 m² built, 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 leased.
The lease agreement is in effect 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 Consumer Price Index (CPI) in the month of January. The property’s gross yield is 6.7%.
The space has an area of 23 m² and is at street level. It is laid out with two rooms and a restroom. The property is in good condition and features air conditioning, a storefront window that provides natural light, and an automatic security shutter.
The location is close to other shops and services in the area. In addition, it is near several bus stops, which facilitates access and mobility.
The tenants have proven financial solvency and good payment capacity, with a long-term lease agreement. Brokerage fees are not included in the sale price.
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Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 96 | - | 818 |
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