347m² Commercial property in Benidorm, Spain No. 26985

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347m² Commercial property in Benidorm, Spain No. 26985
ID26985 $ 969 480
26985

Property description

Renovated restaurant in the best area of Benidorm, rented and in operation with a "guaranteed" high profitability.

Located in the heart of Benidorm, in the commercial and tourist area, surrounded by several traditional restaurant establishments. Just 250 meters walking from Levante Beach, 100 meters from the Town Hall, 50 meters from public parking, etc.

It is a premises of almost 350 m², recently renovated (October 2023) with the best qualities, which includes: large open-plan living-dining room, large covered terrace, open kitchen, several storage rooms, office, 3 toilets (one of them adapted to reduced mobility).

For the renovation, the best qualities have been used and everything has been done paying attention to all the details: high-resistance porcelain flooring, air conditioning, air extraction and renewal system, new electrical and telecommunications installation, exterior carpentry, kitchen and fully equipped bar, etc.

Currently the restaurant is rented and in operation, with a profitability of 5%.

It is sold with a tenant, with a new 10-year contract (negotiable conditions).
The tenant assumes all operating expenses, maintenance and fees or taxes derived from the activity.

Take advantage of this INVESTMENT OPPORTUNITY in the city of skyscrapers!!!!

Features

Security
  • Alarm system
Balcony
  • Terrace

Indoor facilities

Equipment and Appliances
  • Heating system
Additional facilities
  • Lavatories
  • Storage room
Benidorm - Statistics
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ParametersBenidorm
Rent Per Month
Apartment (1 bedroom) in City Centre$ 922.77
Apartment (1 bedroom) Outside of Centre$ 705.65
Apartment (3 bedrooms) in City Centre$ 1 519.86
Apartment (3 bedrooms) Outside of Centre$ 1 248.45
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre$ 2 714.03
Price per Square Meter to Buy Apartment Outside of Centre$ 1 972.20
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ParametersBenidorm
Crime Index28.54
Restaurant Price Index45.54
Property Price to Income Ratio8.15
Climate Index95.37
Safety Index71.46
Rent Index21.29
Health Care Index87.50
Groceries Index50.16
Pollution Index29.73
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ParametersBenidorm
Restaurants
Meal, Inexpensive Restaurant$ 14.11
Meal for 2 People, Mid-range Restaurant, Three-course$ 48.85
McMeal at McDonalds (or Equivalent Combo Meal)$ 8.68
Domestic Beer (0.5 liter draught)$ 3.26
Imported Beer (0.33 liter bottle)$ 3.26
Coke/Pepsi (0.33 liter bottle)$ 1.99
Water (0.33 liter bottle) $ 1.30
Cappuccino (regular)$ 2.18
Markets
Milk (regular), (1 liter)$ 1.07
Loaf of Fresh White Bread (500g)$ 1.18
Eggs (regular) (12)$ 2.73
Local Cheese (1kg)$ 10.80
Water (1.5 liter bottle)$ 0.43
Bottle of Wine (Mid-Range)$ 4.88
Domestic Beer (0.5 liter bottle)$ 1.25
Imported Beer (0.33 liter bottle)$ 1.38
Cigarettes 20 Pack (Marlboro)$ 5.81
Apples (1kg)$ 2.02
Chicken Fillets (1kg)$ 7.89
Oranges (1kg)$ 1.91
Potato (1kg)$ 1.71
Lettuce (1 head)$ 1.05
Rice (white), (1kg)$ 1.41
Tomato (1kg)$ 2.29
Banana (1kg)$ 1.77
Onion (1kg)$ 1.77
Beef Round (1kg) (or Equivalent Back Leg Red Meat)$ 13.40
Transportation
One-way Ticket (Local Transport)$ 1.68
Monthly Pass (Regular Price)$ 38.00
Gasoline (1 liter)$ 1.71
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)$ 30 397.15
Taxi Start (Normal Tariff)$ 2.44
Taxi 1km (Normal Tariff)$ 1.28
Taxi 1hour Waiting (Normal Tariff)$ 23.21
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)$ 32 296.97
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment$ 145.16
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)$ 28.90
$ 15.61
Salaries And Financing
Average Monthly Net Salary (After Tax)$ 1 436.63
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate3.50
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult$ 40.71
Tennis Court Rent (1 Hour on Weekend)$ 35.28
Cinema, International Release, 1 Seat$ 8.96
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)$ 85.71
1 Summer Dress in a Chain Store (Zara, H&M, ...)$ 24.43
1 Pair of Nike Running Shoes (Mid-Range)$ 54.28
1 Pair of Men Leather Business Shoes$ 70.56
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child$ 379.96
International Primary School, Yearly for 1 Child$ 7 056.48
Data are provided by Numbeo.com and are based on its users survey. Emirates.estate can not guarantee the validity of these data.
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CityBenidorm
TypeCommercial property
Living space347 m²
  • sq. ft
To sea250 m
Completion dateIV quarter, 1968
Price
  • Price
  • per m²
$ 969 480