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Commercial property for sale in Milan, Italy, 120 m²

Commercial property for sale in Milan, Italy, 120 m² - photo 1
TypeCommercial property
Covered area120 m²
Anchor tenantКафе
Average profitability5.5 %
Rental (per year)€80,000
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In the centre of Milan, in via del Torchio for sale commercial space of 120 sqm + 75 sqm ground floor. The tenant is a famous Italian brand cafe. The lease is 6+6 signed in may 2019. The annual rental fee is 80.000 euros. A yield of 5.5% before tax. Additional information on request. The pictures are illustrative.

Extra Сosts when Buying Property

Notary fees, of the declared price 2.5 - 4%
*dwellings sold within five years of completion of construction or restoration.
Registration fee from €200
Mortgage tax from €200
Cadastral tax from €200
- for first-home resident buyers 4%
- for second-home and non-resident buyers 10%
- on luxury homes 22%
Registry Tax, of the declared value 3-7%
Registration fee from €50
Mortgage tax from €50
Cadastral tax from €50

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Interest Rate
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Ongoing Ownership Costs

Water supply €15-20 /month
Electricity (in condominium) €0,2-0,3 kw/h
Property tax, on the cadastral value 0,4-0,7%

Additional Services Costs

Real Estate Agent’s Fee 1.5%-4% +22%VAT
Legal fees 1-2%

Return on Investment

Property Price
Rental Cost
  • Italy, MilanItaly, Milan
    Retail business €1,150,000
    • Covered area: 534 m²
  • Italy, MilanItaly, Milan
    Commercial property €1,600,000
    • Covered area: 340 m²
  • Italy, PaviaItaly, Pavia
    Commercial property €1,300,000
    • Covered area: 400 m²
Company Representatives
in Italy
+39 (069) 4803-412
in Russia
+7 (495) 240-81-87
in Spain
Barcelona, Marbella, Mallorca, Tenerife
+34 (931) 720-189
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