Freehold Commercial Property for Sale in Portals Nous, Mallorca

€ 375.000

This sought-after commercial property is an exceptional investment opportunity, positioned on the southwest coast of Mallorca. With a stable tenant in contract for a further 7 years, the property offers an attractive yield. Situated in a bustling commercial area, close to the seafront, this property enjoys access to a public car park, as well as a private terrace measuring approximately 25 M2. The interior of the property is currently arranged as a coffee shop, encompassing 67 M2, with two toilets and a storage area. The location is highly desirable, with established businesses nearby, as well as an international school, tourist attractions, a marina, restaurants, shopping, and a thriving expat community from a multitude of nationalities. This property generates a monthly rent of 1727€, with the current contract duration extending until February 2024. Note that the business activity is not included in the sale.