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| Seville Commercial |
Country: Spain
Location: Seville
Investment Required: €42,000
Term: 7 years (guaranteed buy back at end of year 7)
Return: Return of 13% per annum over 7 years
Development Name: EDIF. NOVA ITALICA,
Development Type: Commercial units and offices
Only 59 Units Available
Office Units from 60 – 62 sqm2
Price: €145,000
Introduction
Large span project, planned from a modern and innovative perspective.
This Business estate offers all the services, resources and comfort to project and boost your business to the highest level. A total of 100.000 new habitants will move to the area within 2 years. Promoters have already begun building in the park. Building time is 2 years. The timeframe is 7 years, 2 years building and 5 years rental. Financial Aspects €41,000 down payment on signing contract No further repayments until 2 years time. Balance on completion in 2 years time. Builders Mortgage in Place for the balance if needed. Interest on Loan approx 5.1%(subject to interest rate increase ECB) = €5,304. €9,100 net rental guaranteed for 5 years on completion by Bank National de Paris. Cash Flow positive €3,296 per annum. Administration costs annually of €500. Guaranteed buy back in year 7 of €168,000. Return of 13% per annum over 7 years. Business activity is prospering in Seville with a special focus on the market of office space, opening new business areas in office buildings, shops and 60m2 offices, which allow an investment with immediate reassessment under good financial conditions, and therefore satisfying investor EDIF. The Andalusian capital Seville has the most modern infrastructure in the south of Spain. Easy reach the city from anywhere on the main highways and roads A-92, N-I, A-4 Y A-49. Train connections are excellent: the high speed train AVE connects Sevilla and Madrid, and other trains take you to Seville from any other main city in Andalucía, Long distance train covering Madrid-Valencia- Barcelona. International airport of Seville is situated at just 12 km from the center of the city. The industrial estates boast newly constructed office buildings designed to cater for service for business Creating special areas for businesses where all needs are catered for, getting a building for their headquarters exclusively aimed at shops and offices. RB GRUPO PROMOTOR created EDIF. NOVA ITALICA, a project located in the town of Salteras in the business estate of Argentum Consists of 204 shops and offices, with 392 parking places and an area of 16,931M2, surrounded by 14 blocks divisible into plots. Most of them are for tertiary and social products, with parks and gardens, wide comfortable roads inside, EDIF.
More detail available on request. |
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