Commercial premises for rent in Palma
Investment opportunity.
Located between Es Fortí, Paseo Mallorca and Avenida Argentina, these premises are located in one of the most active areas of Palma. The environment combines residential density with a notable presence of offices, stores and services, generating a constant flow of pedestrians. Well connected by public transport and direct access to the main roads, the area offers a strategic location both for investors and for businesses that serve the public directly.
The property has an area of 84 sqm on the first floor. The access is from a street with constant traffic, with a glazed facade that enhances the visibility of the business and the entry of natural light.
Additional features include insulation suitable for commercial use, facade with standard finishes, tenant maintenance and on-site parking available. The property is leased with a current contract in force, offering a gross yield of 4% from day one.
The urban environment, with intense daily activity, guarantees the stability of the investment and the continuity in the occupation of the premises. In addition to this, there is the possibility of buying 3 premises for a total of 392m2 for 1.200.000€ and a profitability of 3.8%. The premises are sold with tenant and commercial activity in operation, which guarantees stable income.
- Surface area 84 m2
- Rental price 1.200€ per month
- Gross profitability: 4%.
