Business Investment for sale in Malaga

Investment building in Málaga capital. 240 m2 of which 75 m2 is ground floor, 75 m2 1st floor, 75 m2 2nd floor and 15 m2 loft. It is an old building. Some walls need a completely reform such as painting and plumbing. It would be ideal for offices or a shop in the ground floor, it could also be torn down to build a new building.

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Property Details

• Reference: COMM237

• Price: € 300,000

• Town: Malaga

• Commercial Type: Business Investment

Spanish Property Description

Edificio inversión en Málaga capital. 240 m2, de los cuales 75 m2 tiene la planta baja, 75 m2 la 1ª planta, 75 m2 la 2ª planta y 15 m2 la buhardilla. Es un edificio antiguo. Algunas paredes necesitan una reforma completa, como pintura y fontanería. Sería ideal para oficinas o una tienda en la planta baja, también podría derribarse y construir un nuevo edificio.

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 €1501.87

Month

Interest Paid

Principal Paid

Remaining Balance

Month 1

€875.00

€626.87

€299,373.13

Month 2

€873.17

€628.70

€298,744.43

Month 3

€871.34

€630.53

€298,113.90

Month 4

€869.50

€632.37

€297,481.53

Month 5

€867.65

€634.22

€296,847.31

Month 6

€865.80

€636.07

€296,211.24

Month 7

€863.95

€637.92

€295,573.32

Month 8

€862.09

€639.78

€294,933.54

Month 9

€860.22

€641.65

€294,291.89

Month 10

€858.35

€643.52

€293,648.37

Month 11

€856.47

€645.40

€293,002.98

Month 12

€854.59

€647.28

€292,355.70