Gonzalez O
Calle 14 No. 30- 207
Antioquia
Colombia
Details
| Area | Medellín |
| Sub Area | Patio Bonito |
| State/Province | Antioquia |
| Country | Colombia |
| Price | COP 9,000,000,000 |
| Property Type | House |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Floor Space | 649 m² |
| Lot Size | 475.00 m² |
| Year Built | 1995 |
| Parking | No parking |
| Parking Spaces | 0 |
| Monthly Assessment | $0 |
| Taxes | $20,700,000 |
| Tax Frequency | Annual |
| MLS® # | 269044 |
Commercial property located in Patio Bonito, in a strategic and high-traffic commercial area, currently generating rental income through various businesses. The property has five rentable units, including retail spaces, a restaurant, an office, and deck areas, with current monthly rents representing $43.83 million and a potential income of approximately $55.83 million per month, considering tentative rents. This equates to a potential annual income of $669.96 million. The property presents an approximate gross annual return of 7.44%, before expenses, taxes, administration, maintenance, and any vacancy periods. Considering only current rents, the gross annual return is approximately 5.84%. The property is located within the Astorga-Patio Bonito urban transformation zone, where planning instruments include mechanisms for joint management and land integration for certain developments.
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