In piazza Napoli, 21 we offer for sale entire building of about 940sqm. The building is on two levels. On the ground floor there are three units used as shops for a total of about 590 square meters. The commercial surface of 260 sqm on the second floor is intended for two apartments. The remaining surface is composed of the 2 boxes (one of 16sqm and one of 19sqm) and cellars and floors (pro quota). Commercial real estate is all income, with regular contracts maturing in 2029 (second maturity), 2028 (second maturity) and 2025 (first maturity) respectively. The gross fee received is about 100,000 euros per year. The buildings for commercial use were originally housing units so they can easily be transformed with the same destination. The residential units are currently occupied by the owner directly and through loan.
The compound is located in piazza Napoli 21, a wide square from which, in a few minutes, you can reach the highways and major arteries of the city, as well as the city center. The area has been undergoing a profound redevelopment for some years, thanks to the arrival of the new MM4 tube that connects Linate airport with the rest of the city in a few minutes. The area is served by several neighboring shops, supermarkets, restaurants, theatre, coffee shops and cinemas (Ducale), as well as public transport, such as bus lines 50-61-90-91, tram line 14, and the new MM4 stop California -Bolivar - Tolstoj that make easy connections with the rest of the city.
The fee for the brokerage (commission) paid by the buyer is 4% plus VAT on the price paid . The real estate transfer tax, VAT if applicable as well as the costs for the notary and land register shall be borne by the Purchaser. All the information provided are based upon info supplied by third parties. Whilst we consider this information to be true, we cannot be held responsible for this information being complete, correct or up-to-date. Should you already know the property, please let us know. Further, our standard terms and conditions shall apply to this agreement. We process your personal data within the scope of the existing contractual relationship with you. Further information about data processing can be found under www.engelvoelkers.com/en-it/milan/disclaimer/ or in the notices in our shops.