Property for sale
Fuengirola, Malaga, Andalucia, Spain
Full Description
Commercial Unit / Storage Facility with 37 Storage Rooms for Sale in Torreblanca, Fuengirola – Yield of over 11%. . Excellent investment opportunity in Torreblanca, Fuengirola.. . For sale as a single transaction and as one registered property, a commercial/storage unit comprising 37 brand-new storage rooms of different sizes, located on the ground floor of a residential building in Torreblanca, Fuengirola.. . Currently, 30 of the 37 storage rooms are rented, generating approximately €24,000 in annual income, equivalent to around €2,200 per month. This allows the new owner to start generating income from day one.. . With all 37 units rented, the property is expected to achieve a yield of over 11%.. . An investment generating income from day one. 37 storage rooms included in a single property.. Sold as a whole: not available for individual sale.. 30 storage rooms currently rented.. Approximately €24,000 in current annual rental income.. Potential yield of over 11% when fully occupied.. Brand-new storage rooms of different sizes.. Located on the ground floor, not in a basement, reducing the risk of damp and moisture problems.. Building with lift.. Built in accordance with current Fuengirola regulations regarding ventilation, safety and fire protection.. Located within a residential complex with more than 220 homes, providing a large potential customer base.. Easy management and maintenance.. As these are not residential properties, their rental is not subject to the residential tenancy regime under the Spanish LAU.. . An especially attractive opportunity for investors looking to acquire a single asset comprising multiple rental units, with existing rental income and the possibility of increasing returns by renting out the units currently available.. . For further information, documentation, details of the existing rental agreements or to arrange a viewing, please contact Yuni’s Properties.. . In accordance with Decree 218/2005 of the Andalusian Regional Government, clients are informed that notary fees, land registry fees, taxes and other costs associated with the purchase are not included in the price. The information provided is for guidance purposes only and may be subject to modifications, errors or omissions and does not constitute a contractual offer. Professional fees are included in the price..
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