Current Rent + High Potential For Development

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.