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Real Estate Business for sale

Los Boliches, Fuengirola

Leasehold

Ref No. LB15


Office based Real Estate business for sale in Los Boliches, Fuengirola.

This business will give the hard working new owner the opportunity to earn money from day one. It is an easily run property rental and management business, with a guaranteed regular income, requiring no previous experience. Established for twelve years and highly respected in the local community, the main income of the business derives from weekly and monthly rentals (to holidaymakers) and long-term lettings (to people who live and work in the local area). The business can handle both residential and commercial sales, but does not rely on these for its success. English is the working language of the business, with one bi-lingual employee dealing with all matters requiring the use of Spanish.

The business has increased its turnover by more than 500% over the past five years and is on course to exceed this performance in 2008. Much of the expansion has been achieved by the company’s adoption of new technology, especially computers and the Internet, which provides access to email, online credit card payments and the property database website.

The office of fifty square metres is in a pedestrian area, ten yards off the main seafront of Los Boliches, in a prime tourist location. It is fully fitted and licensed as an estate agency. The property has been completely refitted and refurbished and benefits from a joint air conditioning / heating unit, staff toilets, a small kitchen and a storage area. The premises are secured by security glass doors and windows, an electric roll-up security screen to the doors and an alarm system. The rent is less than €680 per month. The lease is automatically renewable and the freeholder is happy to offer a new fifteen-year lease at the time of the sale.

The sale will include all office furniture and equipment (including computers and printers), the fully functional website, a comprehensive portfolio of apartments and houses for holiday / long-term rental and a full contact list. This is a true low cost, low risk investment opportunity!

Licence: Real Estate

Type: Leasehold

Length of lease: 15 years

Rent: Currently set at 680 Euro per month

Terrace Tax: None

Community charge: None

Reduced by £12,000. Urgent sale, owner needs to return to the UK ASAP

Reduced leasehold Price: £33,335 (approx.) - 48,000 Euro
Interested? Simply contact us for more details and/or to arrange a viewing - Please quote reference LB15

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Bars & Cafe bars for sale | Restaurants for sale | Shops & Offices for sale | Other Businesses for sale | Freeholds for sale | Search
 Moving to Spain | Living in Spain | Long term rentals | Schools | Costa del Sol info | Guide to buying a business | Guide to leases
Choosing the right agent | Past Clients | Currency converter | Selling your business? | Useful links | FAQs | Weather
Map Costa del Sol | Free Spanish lessons | NIE Numbers & Residency certificates | Home | About Us | Contact Us

Sol Commercials
Avda. Jesus Cautivo 21, 4B, 29640, Fuengirola, Malaga, Spain
Whilst every care is taken in the description of businesses, Sol Commercials cannot be held responsible for errors in description.
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