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SELECTION: For sale, Magaluf, Investments

Bargain Commercial Premises for Sale in Santa Ponsa

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Sales Price:
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Rental Price:
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Reference No.: b3483a
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For the purposes of this calculation we have automatically entered 60% of the purchase price as the loan amount at an interest rate of 3.5% payable over 15 years, but please feel free to change any of the figures according to your needs.


Property Description

This area of Magaluf is almost unrecognisable, with a huge amount of investment being made to update the hotels in the vicinity and a large commercial centre/parking/apartments being constructed opposite.  Situated on this famous street, just behind a well known fast food restaurant and in a busy little commercial centre, made up of shops, bars and restaurants, these premises could be an ideal investment to rent out with rental prices in this area fetching around1,000€ per month.
The premises measure almost 58m2 with some space out the front for display purposes.
The shop unit is currently empty; however, there is a parquet floor thoughout, with a wc/shower room and a kitchen area to the rear.  It has three entrances and is on a very visible site.  It has been a retail business in the past and could easily be 're-born' as any type of shop, beauty/hairdressing salon, tattoo parlour, bicycle-based enterpries, florist, take-away - the list is endless!
COMMENT:  With leases in this area commanding the same/higher price, this represents excellent value for money, especially at this stage of the development being done in this part of the island.
Our multi-lingual staff would be delighted to show you the premises and guide you through every step of the buying process, free of charge to you as a potential buyer.

An opportunity to get your foot on the Mallorca property ladder with these commercial premises, which are located just a stones thrown from the beach of this lovely resort and best of all they are being sold well below market value.

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