Living Portugal Property - Real Estate Investment Consultants

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High-Yield Commercial Retail Centre Faro ( Faro, PT - 8800) Built

€37,000,000

Living Portugal Property

ronald wayne ronald wayne +351 92 777 1776 (Cell) Request More Info

  • Type: Commercial
  • Style: Commercial
  • Size: 27,500 sq. m.
  • Lot Size: 3 hectares

Description

High-Yield Commercial Retail Centre
Faro, 8800, Algarve

Construction Size 27,500 m²
Plot Size 30,500 m²
Occupancy 91% Leased
Floors 4
Garage and Storages

Excellent opportunity to purchase a high-yield commercial centre in the Algarve with a 91% occupancy rate and a gross yield of 6.5%

The operating margin after deductions is 5%

The Centre is relatively new, has excellent transport access and is located within a very desirable area of the Algarve.

Asking Price €37,000,000

Attachments

P2#253492722
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