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

Additional information is provided after the signing of an NDA

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

$5,000,000
$2,391 /m²
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  • Total area
    2,091 m²
  • Yield
    5.3 %
  • Rental rate (m²/month)
    $10.2
Details
Property parameters
  • Land area: 13,681 m²
Financial performance
  • Annual income: $264,993

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

Description

The area of the supermarket is 2,091 m².

Extra opportunities

We can help you get a Gold Visa (permit without tax residence) when buying a property worth €500,000 or more.

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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

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.

  • Property on the map
    Location right down to the building, street or city
  • Other properties
    Other offers nearby

More properties

If this property wasn’t for you, take a look at other supermarkets for sale in Portugal.

You can see more supermarkets for sale in Faro (city) elsewhere on our website.

Statistics in Faro (city)

Price per m², $
2,466
Safely rate
74
Index 74 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, $
Apartment in the city centre, m² 2,466.36
Apartment in a bedroom community, m² 2,052.33
Transport Price, $
Public transport, 1 ride 2.54
Monthly travel card 33.87
Taxi, 1 km 0.72
Petrol, 1 l 1.68
Food Price, $
Water, 1.5 l 0.55
Milk, 1 l 0.75
White bread, 500 g 1.13
Eggs, a dozen 1.81
Chicken fillet, 1 kg 6.42
Education Price, $
Kindergarten, per month 451.66
International school, per year 10,120.01
Security index
Crime rate 20.45
The risk of being robbed 32.5
The risk of car theft 30.0
The risk of break-in and property damage 43.18

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

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