Building in Lagoa e Carvoeiro of 262 sq m
About this building at Lagoa e Carvoeiro, Lagoa e Carvoeiro
We present this modern building as a unique investment opportunity.
It is a brand new building in a premium location in the heart of Lagoa city. The facade benefits from a lot of visibility facing the roundabout of Nacional 125.
The building is sold occupied with an excellent return of 5.3% based on a 5-year renewable contract.
The 262 m² building was built on 2 floors, with the potential to add a 3rd floor.
It comprises a spacious modern and bright shop on the ground floor and a modern 2 bedroom apartment on the 1st floor with independent entrance.
The 163 m² store comprises a kitchen, an equipped preparation space, 2 bathrooms for employees and 2 public bathrooms, several storage rooms, an indoor terrace of 9 m² and an outdoor terrace of 30 m².
On the 1st and last floor, there is a large apartment of about 100 m² consisting of 2 en suite bedrooms both with private bathroom, an equipped kitchen open to the living room with access to a large terrace.
This building is located 10 minutes from the beautiful beaches of the Municipality of Lagoa, Praia de Carvoeiro, Vale Centeanes, Praia Grande de Ferragudo, Nossa Senhora da Rocha, 5 minutes from the Gramacho Golf Course, Vale de Pinta and Vale de Milho, 5 minutes from the Nobel International School of the Algarve in Porches, and 40 minutes from Faro Airport. The location in the city centre, very close to the Apolónia supermarket, symbol of the areas with the greatest purchasing power in the Algarve, benefits from the proximity of all services and shops.
The store's space was formerly a dwelling, and, subject to consultation with the council, may revert to being a dwelling space if there is interest.
Without having to spend time and money without guarantee on rehabilitation and looking for a tenant, invest in this building and receive a passive income of more than 5% right away!
Get in touch for more information and book your visit now!
At IAD we share business with any consultant or real estate agency. We promote properties on more than 200 national and international real estate portals. If you are a professional in the sector and have a qualified buyer client, contact me and schedule your visit. I inform you that I am 100% available, by phone or email, to provide you with any additional information about this property and to schedule a more detailed visit to it.
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Where is the property located?
This building is located at Lagoa e Carvoeiro.
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