Commercial property in Spain, with a yield of up to 10% per year
Commercial real estate in Spain, especially in Barcelona, is in demand and highly valued both in the local and international investor markets. Apparently, it’s not just that on the most central and expensive street of the city of Barcelona - Paseo de Gracia, there are the most famous and expensive boutiques in the world, as well as five-star hotels, Michelin-starred restaurants and buildings of magnificent architecture.
Why buy commercial property in Spain
Almost everyone buys investment property in Spain, both the Spaniards themselves and residents of European countries, citizens of the United States of America, immigrants from post-Soviet countries, Arabs, Asians and many others. Someone buys a hotel or restaurant and works there themselves, someone launches an office center or a development project, and someone acquires commercial properties in the retail sector in Barcelona with an anchor tenant to preserve their inherited capital and receive constant passive income from of your investments. After all, such investments only multiply, which is why such objects are in great demand.
As a rule, many investors at the beginning of their search are looking for objects to purchase commercial real estate in Barcelona in the street retail sector, for an amount of no more than 500,000 - 700,000 euros, but the most interesting offers in terms of liquidity, location and annual profit start on average from one or two million These are mainly commercial premises with anchor tenants of large chains who sign leases of up to twenty-five years, as well as parking lots, buildings, restaurants and small hotels. These commercial properties, which bring the investor about 5-7% per year as passive income, are considered the most attractive for investment. There may be more attractive options, up to 15% or more, but basically this is the norm.