Commercial Business for sale in Torremolinos

Art gallery of 145 m2 situated in the centre of Torremolinos. It has been open for thirty years because of its good location. The total area is divided into two floors, the ground floor having 25m2, and the basement level having 120m2. It has all the art works included and valued in 54.091€.

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Property Details

• Reference: COMM1395

• Price: € 500,000

• Town: Torremolinos

• Commercial Type: Commercial Business

Spanish Property Description

Esta galeria de arte de 145 m2 esta situada en el centro de Torremolinos. Lleva funcionando treinta años, debido a su ideal ubicacion. Area total esta dividida en dos plantas la planta baja de 25m2, y el nivel de semisotano de 120m2. Tiene todas las obras de arte incluidas y valoradas en 54.091€.

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 €2503.12

Month

Interest Paid

Principal Paid

Remaining Balance

Month 1

€1,458.33

€1,044.78

€498,955.22

Month 2

€1,455.29

€1,047.83

€497,907.38

Month 3

€1,452.23

€1,050.89

€496,856.50

Month 4

€1,449.16

€1,053.95

€495,802.54

Month 5

€1,446.09

€1,057.03

€494,745.52

Month 6

€1,443.01

€1,060.11

€493,685.41

Month 7

€1,439.92

€1,063.20

€492,622.20

Month 8

€1,436.81

€1,066.30

€491,555.90

Month 9

€1,433.70

€1,069.41

€490,486.49

Month 10

€1,430.59

€1,072.53

€489,413.95

Month 11

€1,427.46

€1,075.66

€488,338.29

Month 12

€1,424.32

€1,078.80

€487,259.50