An office with a long-term lease agreement in the district of Setubal.
The total area of the property is 1,400 m².
The absolute annual income is 274,784 €.
The current yield is 6,6%.
The tenant is а сlinic.
The lease agreement is valid for 20 years (since 04.2020).
The property is located in the district of Setubal (the Lisbon region, the Setubal Peninsula subregion, the Greater Lisbon metropolitan area). The distance to the city of Lisbon is about 33 km.
Lisbon is the capital, the largest city and the main port of Portugal. The population of the city is about 510,000 people. The city and the municipality of Lisbon are parts of the Greater Lisbon metropolitan area.
Agglomeration has a certain administrative autonomy. The population of the agglomeration is about 3 million people (the 11th by terms of population in Europe).