There are many commercial premises for sale in Spain, ranging from office Space, to ready made businesses to hotels to shopping centres to warehouses.
Commercial Properties can be brought for personal use when starting up your own business in Spain, or brought as an investment, to then rent to other like-minded business people who are looking to start a new life and business in Spain. Investing in Commercial properties in Spain can be a very lucrative way to make an income.
There are 5 common types of commercial property for sale in Spain –
· Office buildings for sale in Spain
· Industrial properties for sale in Spain
· Retail centres for sale in Spain or Locals (Shop fronts)
· Multifamily Complex’s for sale in Spain - A building that contain more than 4 separate apartments
· Commercial land for sale in Spain
When purchasing commercial properties in Spain, note that some commercial spaces will require you to put in windows and doors on the property. In essence you are purchasing the shell of the property, and will have to fit out the inside of the purchased property yourself.
Another option is to purchase the Leasehold of a commercial property rather than the freehold. This will then enable you to make a one off payment to buy the lease on the commercial property, which will include all fixture and fittings. You then continue to pay the landlord of the property a monthly rent, however you can sell on the lease on at anytime that you wish. The landlord of the property does have first refusal on the sale of the Leasehold however.
A lease in Spanish is known as a Traspaso, recently renamed to a Cesion.