Lot 46 Calle del Correo, Bilbao, Vizcaya

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Property Enquiries

Susana Negueruela

susana.negueruela@bidx1.com
+34 919 14 81 84
+34 674 77 15 62

Property Enquiries

María Jesús Arcas Díaz

mj.arcas@bidx1.com
+34 919 14 81 14

Viewing/ Registration Enquiries

BidX1 Support Team

info@es.bidx1.com
+34 919 14 81 00
Description
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Property Summary
  • Investment opportunity: 3 commercial properties rented in Bilbao
  • All 3 total a registered surface of ​​631 sq.m
  • Excellent locations and attractive rental conditions
  • Gross annual income of € 159,893
  • 6% net yield
Location
  • Bilbao has a population of 350,000 people and it is the center of the most populated metropolitan area in northern Spain which has 857,000 inhabitants. Traditionally it has been one of the most important business place of Spain
  • The commercials properties are in the center of Bilbao:
    • 11, Correo 11 Street. Bilbao
    • 7, Doctor Areilza 7 Avenue. Bilbao
    • 8, San Pedro Square. Deusto
  • Correo Street: located in the historic and popular Casco Viejo Neighborhood, within the well-known "7 streets" that includes active streets as: Correo, Bidebarrieta, Askao, Artekale or Somer street. The Casco Viejo is packed with all kinds of shops and restaurants. This area is full of well-known fashion brands and the oldest and famous shops in the city. Here you can find fashion, accessories, footwear, crafts, hospitality, etc.
  • Doctor Areilza Avenue:  it is in the exclusive neighborhood of Indautxu,wich is another popular commercial area of the city wiht all kinds of shops: fashion, opticians, footwear, accessories, jewelry, home, etc.
  • The residential neighborhood of Deusto is a extension of the urban center, with a great tradition in “pintxos” and full of shops and restaurants.
Description
  • 631 sq.m of total surface
  • Gross annual income of € 159,893
  • Let to three different tenants
  • Attractive rental conditions
  • Net yield of 6%
  • Download the lease documentation in Legal Documents Section
Area
631 sq. m
VAT
Please refer to legal documents
Property Table
LocationTenantRegistry SurfaceRegistry
8, San Pedro 8 Square. DeustoBankia3375345-5346
11 Correo Street. BilbaoCalzados VAS12110934
7 Doctor Areilza Avenue. BilbaoCEX17330323
  631 sq.m 
CEE

Please consult all the information related to this property, as well as the purchasing process on our website or by calling us on our telephone number provided. The information and documentation provided has been prepared with care, however it is for information purposes only, the owner through BidX1, provides this documentation to interested parties so that you can perform the necessary due diligence, a process of analysis before placing a binding offer.


Contact Susana about this property