High Yielding Opportunity PARQUE CEUTA
The Spanish Autonomous City of Ceuta is located to the east of the Strait of Gibraltar, approximately 20 km from the Iberian Peninsula, sharing a western border with Morocco.
Ceuta is one of two major Spanish sea ports on the northern coast of Africa. The city has a unique cosmopolitan nature and is an important administrative centre and military base.
The average annual net income per household and the GDP per capita of Ceuta are both in line with Spanish national averages.
Ceuta has a registered population of 84,000 inhabitants, forming a captive catchment area for the Parque Ceuta shopping centre. There are an estimated 143,300 people living within a 15 minute drive from the scheme and the centre receives an average of circa 2,700,000 visitors per year.
The annual net rental income for 2013 is circa € 2,197,400.