A supermarket with a long-term lease agreement in Porto.
Description
The area of the supermarket is 2,500 m².
The absolute annual income is 115,920 €.
The current yield is 4,8%.
The lease agreement is valid from 01.05.2012 until 30.04.2024.
The supermarket is located in the city center of Porto. There are restaurants, cafes, pharmacies, a park near the building.
The distance to the historical center of Porto is about 2 km.
Porto is the 2nd largest city in Portugal (after Lisbon), the center of the eponymous district and the municipality. The city is a part of the large metropolitan area the Greater Porto.
The population of the city is more than 240,000 inhabitants, the population of the Greater Porto metropolitan area is more than 2.1 million people.
Porto along with Lisbon is on the List of Global Cities, being considered an important element of the global economic system.
Porto’s city center has been declared by UNESCO a World Cultural Heritage Site.