Estate Agency for sale in Fuengirola, Costa del Sol, Spain

Estate Agency for sale in Fuengirola

This business will give the hard working new owner the opportunity to earn money from day one. It is an easily run property rental and management business, with a guaranteed regular income, requiring no previous experience. Established for twelve years and highly respected in the local community, the main income of the business derives from weekly and monthly rentals (to holidaymakers) and long-term lettings (to people who live and work in the local area). The business can handle both residential and commercial sales, but does not rely on these for its success. English is the working language of the business, with one bi-lingual employee dealing with all matters requiring the use of Spanish. The business has increased its turnover by more than 500% over the past five years and is on course to exceed this performance in 2008. Much of the expansion has been achieved by the company´s adoption of new technology, especially computers and the Internet, which provides access to email, online credit card payments and the property database website. The office of fifty square metres is in a pedestrian area, ten yards off the main seafront of Los Boliches, in a prime tourist location. It is fully fitted and licensed as an estate agency. The property has been completely refitted and refurbished and benefits from a joint air conditioning / heating unit, staff toilets, a small kitchen and a storage area. The premises are secured by security glass doors and windows, an electric roll-up security screen to the doors and an alarm system. The rent is less than €680 per month. The lease is automatically renewable and the freeholder is happy to offer a new fifteen-year lease at the time of the sale. The sale will include all office furniture and equipment (including computers and printers), the fully functional website, a comprehensive portfolio of apartments and houses for holiday / long-term rental and a full contact list. This is a true low cost, low risk investment opportunity and a profitable business!

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