Office building 1,000 m² in Faro City

2,500,000 €

2,500 € /m²

Total area 1,000 m²
Yield 6.4%
Cost in euros per m2 2,500 €
Constructed —

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Key project parameters

Total area: 1,000 m²
Floors: 2

Project description

The office building with a reliable tenant.

Description

The building has a total area of about 1,000 m².

Deal structure: Asset Deal.

Tenants

Agreement: Yes
End of lease: 2029

The property is fully let. The tenant is an international coworking chain with 3,000 offices in over 100 countries.

The lease agreement is valid until 2029 with the extension options.

Financial performance

Yield: 6.4%

The annual income is 160,000 €.

The yield is 6.4%.

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Transaction costs

Brokerage fee.

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Location and nearby infrastructure

The building is located in Algarve — the southernmost region of continental Portugal.

The population of the region is over 450,000 people. The administrative center is the city of Faro.

More properties

If this ad doesn't suit you, have a look at the other office buildings for sale in Faro City.

All ads in the country: office buildings for sale in Portugal.

Diversify your portfolio - invest from $1 million in the construction of residential complexes in Dubai

annual yield: From 15-17%
investment exit horizon: 2–3 years
full support at every stage: Turnkey deal

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Analysing the needs

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Developing a strategy

We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment

Providing transaction support

We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account