140 000 €

Store in Vila Real de Santo António, Vila Real de Santo António

Vila Real de Santo António, Faro
61 m²
Energy efficiency
Energy efficiency

Store for sale

🔵🔴 RENTED CORNER COMMERCIAL UNIT | INVESTMENT IN CENTRAL VILA REAL DE SANTO ANTÓNIO Excellent investment opportunity in the centre of Vila Real de Santo António, in an established urban location surrounded by shops, services and pedestrian traffic. This commercial unit, with 61.20 m² of gross private area, benefits from a particularly attractive location at the corner of Rua Teófilo Braga and Rua Francisco Gomes, providing two street frontages and excellent commercial visibility. The large glazed areas enhance the property's visibility from the street while providing good natural light inside. Currently adapted to an activity in the hearing services sector, the premises are well maintained and functional, and also feature air conditioning. One of the property's main advantages is that it is currently rented for €500 per month, allowing the new owner to acquire an asset that is already generating income, without the immediate need to find a new tenant. The commercial lease is in force until 31 December 2027 and provides for automatic renewals for successive three year periods, unless terminated in accordance with the contractual terms. The agreement also provides for annual rent adjustments based on the applicable legal coefficients. With a current annual rental income of €6,000 and a sale price of €140,000, the property offers a current gross yield of approximately 4.3% per year. The combination of central location, corner position, two street frontages, excellent visibility and immediate rental income makes this commercial property particularly attractive for investors seeking to diversify their real estate portfolio. 👉 An investment opportunity in the centre of Vila Real de Santo António, generating income from day one. ;ID RE/MAX: 127041002-263

Details

Construction Year- -
Gross Area m²61
ElevatorNo
Private Gross Area m²61
Living Area m²55
GarageNo
Total Lot Size m²- -
Price m²2 295 €
FloorGround floor

Location

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Mortgage Simulator

office-vanguard
RE/MAX Vanguard
Portimão, Faro
AMI 24348
PF
Patrícia Fava

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Origin Listing reference:id. 127041002-263
Publishing date:
Last Update: