Supermarket with a long-term lease agreement, Algarve, Portugal

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Supermarket with a long-term lease agreement, Algarve, Portugal

4,428,000 €
2,117 € /m²
£3,811,000
£1,822 /m²
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  • Total area
    2,091 m²
  • Yield
    5.3%
Details
Property parameters
  • Land area: 13,681 m²
Financial performance
  • Annual income: 234,684 €

A supermarket with a long-term lease agreement in the Algarve region.

Description

The area of the supermarket is 2,091 m².

Financial performance

The absolute annual income is 234,684 €.

The current yield is 5,3%.

Tenants

The lease agreement is valid for 15 years.

Location and nearby infrastructure

The supermarket is located in Algarve — an economic and statistical region of southern Portugal.

The population of the region is more than 450,000 people.

The administrative center of the region is the city of Faro.

More properties

If this ad doesn't suit you, have a look at the other supermarkets for sale in Faro (city).

All ads in the country: supermarkets for sale in Portugal.

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    Head of Sales
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