Commercial unit in Plaza De la Constitució , 1-----T

Commercial unit on plaza de la constitución

Commercial unit for sale on the prestigious Plaza de la Constitución

An exceptional commercial unit in an unbeatable location on Plaza de la Constitución, with steady footfall all year round. A few steps from the climb up to Dalt Vila, it draws both tourists and residents.

Features:

Total area: 52 m² (26 m² on the ground floor and 26 m² on the first floor).

Visibility: a corner unit with two shop windows and a striking 14-metre frontage, giving any business a commanding presence.

Outdoor terrace: 20 m², perfect for drawing in more customers and making the most of the Mediterranean climate.

Layout: two rooms and two toilets, ideal for a bar or café.

Investment opportunity:

Availability: the property can be conveyed in 2027; it currently has a tenant whose lease runs to 2031, securing steady income over that period.

Yield: for as long as the current tenant stays, the property returns 4%, making it a safe investment.

Upside: from 2031, once the lease ends, the yield is expected to rise to 7%, with the option of signing a new lease with a different tenant.

Worth knowing:

Property in this area is extremely hard to come by, and when something does appear the yield rarely exceeds 4%. That makes this unit a rare opportunity, well above the average for the area.

Sale price:

€600,000

A perfect fit for entrepreneurs looking to set up in the heart of Ibiza, with everything a business needs to succeed.

Get in touch for more information and to arrange a viewing.

GZ IBIZA PROPERTIES, member of API no. 02200.