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Commercial property for sale in Rome, Italy, 6950 m²

Commercial property for sale in Rome, Italy, 6950 m² - photo 1
Price€16,000,000
TypeCommercial property
Covered area6950 m²
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Description

The building has a total commercial area of 6 950 sq. m. D8 cadastral category (office space). The cadastral income is € 270 368. The property tax IMU about 200 000 Euros per year. Maintenance costs (water light heating cleaning and servicing of fire extinguishers protection) 93 500 Euros per year. Rent in year 1 118 500 Euros. Only 10 tenants by various companies, long-term lease agreement for 6 years +6 with automatic renewal, all confirmed videoshorny Bank guarantee). Additional information on request. Price 16 000 000 € (mortgage loan of 8 million Euro) Images are for illustrative purposes only.

Extra Сosts when Buying Property

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

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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
0%
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Company Representatives
in Italy
Rome
+39 (069) 4803-412
in UK
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