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Retail business for sale in Rome, Italy, 2500 m²

Retail business for sale in Rome, Italy, 2500 m² - photo 1
Price€8,500,000
TypeRetail business
Covered area2500 m²
Land area3000 m²
Average profitability5.5 %
Rental (per year)€460,000
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Commercial property with a long-term rental contract in Rome

Investment opportunity!



In the central area of the north Rome, a commercial building area of 2,500 square meters with the district area of 3,000 square meters is for sale.

The object has been placed in long-term lease by the company, from 1 January 2018. The lease contract has the duration of six years with automatic renewal for further period of 6 years (contract 6+6).

The annual rent is Euro 460.000,00.

The annual revenue is 5,5 % before tax.

Bank guarantee.

Additional information on request.

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%
Helga
Company Representatives
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+39 (069) 4803-412
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