Mixed Use, 1174 sqm, Rethimno

Investment Property – 1,174 sq.m. 12-Year Lease 8% Initial Yield

An investment property with a total surface area of 1,174 sq.m. is available for sale, comprising 412 sq.m. of basement space, 412 sq.m. of ground-floor space and 350 sq.m. on the first floor.

The property is currently leased under a 12-year agreement, generating an annual rental income of €110,400.

The lease provides for an annual rent adjustment based on CPI + 2%, supporting the progressive growth of rental income throughout the lease term.

Based on the asking price, the property offers an initial gross yield of 8%, making it an attractive proposition for investors seeking long-term contracted income and potential rental growth.

Key Investment Highlights:

* Total surface area: 1,174 sq.m.
* Basement: 412 sq.m.
* Ground floor: 412 sq.m.
* First floor: 350 sq.m.
* Lease term: 12 years
* Annual rental income: €110,400
* Annual rent adjustment: CPI + 2%
* Initial gross yield: 8%
* Long-term contracted rental income
* Potential for rental income growth through contractual indexation