120 000 €

Store in Monte Gordo, Vila Real de Santo AntónioVila Real de Santo António, Faro

30 m²
Energy efficiency

Store for sale

Leased Store with Yield and Appreciation Potential - Monte Gordo / 400m from the Beach Investment opportunity in one of the most sought-after areas of Monte Gordo. Store with 30.88sqm, located on the ground floor of the Veleiro Building, on Rua Diogo Cão a street with an elevated pedestrian crossing and only 400 meters from the beach. The property is currently leased for commercial use, with a contract valid until March 2027, guaranteeing immediate income for the investor. Key Data: Gross private area: 30.88sqm Use: Commercial Location: Ground floor Lease Agreement: Current rent: €400/month Fixed-term contract until March 2027 Annual updates foreseen in the contract, according to legal coefficients Appreciation Potential: The current rent is below the values practiced in the region for spaces with these characteristics and location. There is room for rent increases, as stipulated in the contract, and it is also an area with high demand, which facilitates placing it on the market at higher prices. Strategic Location: Only 400 meters from the beach Central area of Monte Gordo Street with high pedestrian traffic Strong demand throughout the year Note: Property sold with a current lease agreement. Possibility of negotiating early departure of the tenant, without guarantee.

Details

Construction Year- -
Gross Area m²30
ElevatorNo
Private Gross Area m²30
Living Area m²- -
GarageNo
Total Lot Size m²- -
Price m²4 000 €
Floor- -

Location

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Mortgage Simulator

Casas do Sotavento
Vila Real de Santo António, Faro
AMI 17215

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Origin Listing reference:id. SU-CS-LOJ-94457
Publishing date:
Last Update: