Nursing home, leased for a long term, near Barcelona.
The total area of 4 256 sq. m. Building 2013 building. Parking for 148 vehicles. 5 floors, 74 rooms for year-round residence and 40 rooms for night stay. The tenant is the largest insurance company in Spain that provides all types of insurance, has 56 offices across the country and today serves 800,000 customers.
The nursing home is situated 17 kilometres from Barcelona. Barcelona — city in Spain, capital of the Autonomous region of Catalonia and the province. Port on the Mediterranean sea in 120 km from border of France. The largest industrial and commercial center of Spain. One of the most important tourist destinations in the European routes. The population of Barcelona — 1 615 908 people (according to 2008). It is the second largest city in Spain by population after Madrid, and the tenth in the European Union. In the suburbs of the city lives 186 3 461 inhabitants, and the province of Barcelona has 4 928 825 inhabitants.
The cost of the project - 6 100 000 Euro. The room is rented for 25 years. The contract with obligatory performance is concluded for 5 years. The insurance company has a guarantee in the Bank in the amount of 1 500 000 euros. Annual rental income: Euro 354 805 + VAT. Monthly rent - 29 567 euros + VAT. The profitability of 2016 is 7.8 %. Literally in the second year of the lease in 2018, the margin would be 8.2 %. According to the contract, since 2018, the profitability will be 8.2 % +16 % from the profit. Guaranteed profitability for 2019 is 8 %. The forecast profitability to 12 %. Documents ready to deal. Additional information is available upon request.

Posted Oct 14, 2015

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