Business Investment for sale in Benalmadena

This 48m2 bar is currently working as a Karaoke / entertainment bar, it has seating for 45 people inside and a futher 6 tables outside on the terrace. The location of this bar is in a very lively area of Benalmadena. There is a new tenant with a 10 year lease contract paying 600euros per month net.Ideal investment for a regular income.

For more information on this Business Investment Lease in Benalmadena, Spain please fill out the quick enquiry form on the right ->

Property Details

• Reference: COMM355

• Price: € 147,000

• Town: Benalmadena

• Commercial Type: Business Investment

Spanish Property Description

Actualmente este bar de 45m2 es un bar karaoke situado en una zona muy solicitada de Benalmádena. En su interior hay asientos para 45 personas y en la terraza caben otras seis mesas. El bar ya tiene un nuevo inquilino con un contrato de traspaso de diez años, pagando un alquiler de 600 euros al mes. Buena inversión para ingreso regular.

Mortgage Information

The following is a breakdown of the mortgage repayments for the first year using an interest rate of 3.5% over 25 years. This mortgage in Spain will cover a total of 300 monthly payments of €735.92

Month

Interest Paid

Principal Paid

Remaining Balance

Month 1

€428.75

€307.17

€146,692.83

Month 2

€427.85

€308.06

€146,384.77

Month 3

€426.96

€308.96

€146,075.81

Month 4

€426.05

€309.86

€145,765.95

Month 5

€425.15

€310.77

€145,455.18

Month 6

€424.24

€311.67

€145,143.51

Month 7

€423.34

€312.58

€144,830.93

Month 8

€422.42

€313.49

€144,517.43

Month 9

€421.51

€314.41

€144,203.03

Month 10

€420.59

€315.32

€143,887.70

Month 11

€419.67

€316.24

€143,571.46

Month 12

€418.75

€317.17

€143,254.29