- Built area
- 100 m²
The unit
Finding an investment in Vigo with flat prices where they are is hard. This unit makes it easy: 100 m² at street level in Navia, leased to a café, sold with a sitting tenant for €165,000.
The tenant is a running business, with a ten-year contract signed in 2023. It pays €900 a month plus VAT, €10,800 a year, a gross yield of around 6.5%.
And it has almost no running costs: about €8 a month in community fees and about €220 a year in property tax (IBI), paid by the owner. The net yield stays at around 6.3%.
And the rent already has its path written into the contract. From June 2028 it rises to €1,000 a month plus VAT, taking the yield above 7%, and from 2029 it is updated every year in line with inflation (CPI).
A ground-floor unit in a 2004 building, with 100 m² built according to the Land Registry (Catastro), glass frontage onto the street and an arcade in front. Inside, a long bar counter, a seating area with bench seating and full toilets, all fitted out and running as a café.
It is for those who want their money to work without surprises: a small unit that is easy to maintain, a hospitality business already in place and a long contract that gives peace of mind until 2033.
Collecting rent from the first month and knowing what you will collect in the years ahead. In Navia, you get both.
Property marketed exclusively by Inmobiliaria Falcón. At our owners' request, please direct any enquiry, viewing or request through Inmobiliaria Falcón.
Features
- Sold with tenant: café with a contract until 2033
- Rent of €900 a month plus VAT
- Gross yield of around 6.5%
- Minimal costs: net yield of around 6.3%
- €1,000 a month plus VAT from June 2028
- 100 m² built on the ground floor
- Glass frontage onto the street and arcade in front
- Bar counter, seating area and full toilets
Legal information
- Total price
- 165.000 €. Purchase taxes and costs are paid separately by the buyer.
- Energy certificate
- In progress
- Location
- Navia, Vigo. The exact address is given when the viewing is arranged. View the area on the map →