№ 1,795,697

Office under construction in the district of Setubal, Portugal

4,163,000 €
2,973 € /m²
  • Total area 1,400 m²
  • Yield 6.6%
  • Lease term 2040
  • Constructed  2020
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Aliya Istaeva
Investment consultant in Setubal (city)
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    Key project parameters
    Total area
    1,400 m²
    Constructed 
    2020
    Project description

    An office with a long-term lease agreement in the district of Setubal.

    Description

    The total area of the property is 1,400 m².

    Tenants
    Agreement
    Yes
    End of lease
    2040

    The tenant is а сlinic.

    The lease agreement is valid for 20 years (since 04.2020).

    Financial performance
    Yield
    6.6%

    The absolute annual income is 274,784 €.

    The current yield is 6,6%.

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    Location and nearby infrastructure

    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).

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    If this ad doesn't suit you, have a look at the other offices for sale in Setubal (city).

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    annual yield
    From 10%
    exit period
    3 years
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    Analysing the needs

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    Developing a strategy

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    We can take over the management of your property or recommend a suitable management company

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    We will arrange a visit to the site to view one or more projects

    Saving time

    At the investor's request, we can arrange a remote purchase with the least possible visits to the country

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      Anna Vorobyeva
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      Head of Commercial Property Department
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      Mikhail Reyderman
      Commercial Real Estate Expert

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        Head of Commercial Property Department
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