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There is currently a widespread trend for entrepreneurs to establish businesses abroad and to acquire for this purpose commercial property that brings a reasonably good return – better than that on investment in residential real estate.
Such properties include offices, shops, hotels, hostels, warehouses and production facilities, restaurants, cafes, beauty parlors, etc.
Some investors prefer acquiring real estate abroad, others opt for long-term rent.
The profitability of commercial property depends on its type. Thus, short- and long-term rent of a flat can bring in 5-7% and 2-3% per annum, respectively; however, when purchasing such real estate you should take into account its probable idling and rapid wear. The profitability of an outdoor shop is 3-4%, that of a supermarket is 5-6.5%, while a hotel or a shopping center can yield 4-6%.
ArendaLazur TM (Cofrance SARL), an experienced international broker, can assist you in renting any commercial property abroad. We can select any premises for you – either to set up something of your own or continue with a strong operating business. If you contact us, you can be certain of success of your enterprise.
Commercial property rental prices abroad
Following are some examples of current offers on the global market.
A 138 sq. m office in Oulu, Finland will cost to its lessee €1,200 per month.
A 90 sq. m office in Limassol, Cyprus costs €1,300 per month of rent.
The lease of a 1,101 sq m hotel in Tallinn, Estonia will cost €5,505 per month. This hostel has been operating for a long time with stable profits. A lease contract is signed for nine years and can be renewed.
An office in Ticino, Switzerland can be rented for €160 per month.
A 760 sq. m spacious commercial property overlooking the sea in Palma de Mallorca, Spain is offered for rent for €3,900 per month.
The rent of a 108 sq. m shop in Thessaloniki, Greece will cost €1,000 per month.
A restaurant in Albania can be rented for €600 per month.
How to rent international commercial property
Renting commercial property abroad requires the support of a professional broker with a flawless reputation for the transaction to be in strict conformity with the effective laws.
ArendaLazur TM (Cofrance SARL) backed by an extensive database of properties of any price categories has been operating on the global real estate market for over twelve years. We have representation offices in 117 countries worldwide, and our staff members speak 34 languages: we will always understand each other.
Cooperation starts with the customer providing comprehensive information about the desired property. We need to know:
- Location;
- Category;
- Area;
- Particular architectural features;
- Rent term;
- Budget.
The company’s manager handling this information may require further details to enhance the quality of selecting an appropriate option.
Having received a commercial offer from the broker, you can select any property that suites you best and that you will subsequently inspect in person.
In this connection ArendaLazur TM (Cofrance SARL) offers turn-key services:
- Preparation of international travel documents, including visas and insurance policies;
- Purchase of air tickets / charter of private aircraft by the company;
- Rent of accommodation in the destination country or booking a hotel room;
- Transfer;
- Attendance of the company’s representative at consummation of the transaction for due diligence purposes;
- Services of a certified interpreter or notary.
We tackle tasks of any complexity and are always ready to be contacted. We are result-oriented. Cooperation with ArendaLazur TM (Cofrance SARL) means 100% high-quality outcome and timely solutions to any future challenges associated with real estate.
