This freehold property is situated in one of, if not the most, popular part of the Benalmadenas cafe life.
It is offered for sale by the current owner who initially took the business as the leaseholder, and in 1998 saw the potential and decided to buy the freehold. Having had 10 successful years, the freeholder now wishes to move on to pastures new.
The rental income from this investment and the participation of 20% at change of leaseholder, could allow(but does not guarantee) full recovery of the investment in only 15 years.
The current tenant has completely reformed the property to a high standard and their current lease is for 25 years.
Benalmadena is on the Costa del Sol in southern Spain, only 10km from Malaga airport. It is one of a number of villages along the Costa del Sol that has grown up with, and due to, tourism The light train and the bus service are excellent for getting up the coast. The Benalmadena Coast (Spanish: Benalmàdena Costa) is the southernmost portion of Benalmádena, where there are many hotels, bars, and of course beaches, and the Puerto Marina is here. It is an open-air shopping mall, marina, and on-the-water (literally) condominium complex, with shops, bars restaurants and nightclubs. Local buses run up to Benalmadena Pueblo via Arroyo de la Miel and along the coast from Malaga right down to Estepona. There are lots of local shops in Arroyo de la Miel, with many others dotted around the area.The leasehold is also for sale at 65000 euros
Please note: Prices in sterling may vary subject to the exchange rate!