Commercial property in Barcelona

Commercial premises in the Ciutat Vella district, on a busy commercial street in the city of Barcelona. Total area of 100 sqm on a single floor. Currently leased to a chain of home goods stores (7 locations in Barcelona). The contract was signed in April 2024 for a term of 10 years. Mandatory performance period of 1 year. Rent is €30,000 per year. During the first year, the tenant receives a rent discount of €200 per month. The maintenance fee of €1,200 per year and the property tax of €360 per year are paid by the owner. Yield from the third year onward: 4.8%.