Supermarket in Lisbon, Portugal

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Supermarket in Lisbon, Portugal

1,520,000 €
1,381 € /m²
£1,291,000
£1,173 /m²
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  • Total area
    1,100 m²
  • Yield
    5.7%
Details
Financial performance
  • Annual income: 86,640 €
Tenants
  • End of lease: 2034

A supermarket with a long-term lease agreement in Lisbon.

Description

The area of the property is 1,100 m².

Financial performance

The absolute annual income is 86,640 €.

The current yield is 5,7%.

Tenants

The lease agreement is valid since 04.2019 for 15 years.

Location and nearby infrastructure

The property is located in Lisbon.

Lisbon is the capital, the largest city and the main port of Portugal. The population of the city exceeds 500,000 people. About 3 million people live in the metropolis of Lisbon (about 27% of the population of Portugal).

Lisbon is one of the oldest cities in the world and the oldest city in Western Europe.

Lisbon is one of the largest economic centers on the continent, with a growing financial sector.

The following industries are developed in Lisbon: textile, footwear, leather, furniture, ceramic, oil refining, petrochemical, cement, automobile, shipping, electrical and electronic, mechanical engineering and paper industry.

Most of the headquarters of transnational corporations in Portugal are located in the Lisbon area.

Lisbon’s GDP is $ 96.3 billion ($ 32,434 per capita).

The city ranks 40th in terms of gross earnings in the world.

Lisbon is one of the largest container ports on the Atlantic coast of Europe.

Portela International Airport is located in the north of the city, serving more than 26 million passengers annually.

The Lisbon Metro operates since 1959 and has 56 stations.

There are 3 state universities in the city.

The city is the 9th most visited one in Southern Europe (more than 3,300,000 tourists in 2017).

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