Premises in plaza de la Constitución, Ibiza town
Commercial space for sale in the prestigious Plaza de la Constitución, a prime location with constant foot traffic throughout the year. This property is the closest to the ascent to Dalt Vila, ensuring excellent visibility to both tourists and locals.
The property consists of two commercial spaces, totaling 52m² (26m² on the ground floor and 26m² on the first floor). Its visibility is exceptional, located on a corner with two storefronts and an impressive 14-meter-long facade, offering strong exposure for any business.
It also includes a 20m² outdoor terrace, perfect for attracting customers and enjoying the Mediterranean climate. This commercial property represents an excellent long-term investment opportunity. The property will be available for deed in 2027 and currently has a tenant with a lease until 2031, ensuring stable income during this period. There is also the possibility of acquiring the property now through a deposit contract (arras), with the right to transfer the deposit to a third party, offering flexibility to the investor. Full payment will be completed at the time of the deed in 2027. During the current lease, the property generates a 4% return, making it a safe and stable investment.
Starting in 2031, once the current tenant's lease ends, the property has high potential for increased profitability. With the option to sign a new lease with a different tenant, it is expected that returns will increase up to 7%, capitalizing on local market conditions and the rising value of the property.
It's also important to note that properties in this area are extremely hard to come by. When available, most do not surpass a 4% return, making this commercial space a unique opportunity, offering a much higher-than-average return in the area, both during the current tenant's lease and with a new contract starting in 2031.
With a sale price of €630,000, this property is perfect for a bar or café, with 55m² of built space, 52m² usable, distributed over two floors with two rooms and two bathrooms. Located at street level, it comes equipped with heating, air conditioning, storage, and alarm systems. Don’t miss this unique opportunity in the heart of Ibiza!
- Price: €630,000
