Commercial property in Calpe, Alicante, Spain 1025 sq.m. No. 78344

Property description

Unique investment opportunity with 5.5% return from the very first day!

Building under construction located on the main street of Calpe, only 300 metres from the central beach of the town. Surrounded by numerous shops, bars and restaurants.

Building of 1,025 m2 consists of 7 floors.
There are 18 apartments.
End of construction - December 2022.

Payment method - €500.000 upon signing of the purchase contract, the rest of €1.450.000 upon delivery of the building.
Local management company offering to lease the building with a profitability of 5.5%.
Obtaining an annual return of 5.5% from the date of signature of the purchase contract for the amount paid.