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1 647 000 €

Cafe, restaurant in Lisbon, Portugal, 380 m²
  • Cafe, restaurant in Lisbon, Portugal, 380 m² - picture 1
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  • Cafe, restaurant in Lisbon, Portugal, 380 m² - picture 1
  • Property ID on Prianproperty.com: 3432611
    Last update: 13.08.2024
    Number of views: 4708

1 647 000 €

Cafe, restaurant in Lisbon, Portugal, 380 m²

380 sq.m 5.5% per year
Business on sale

  • Property ID on Prianproperty.com: 3432611
    Last update: 13.08.2024
    Number of views: 4708

Specifications

Sale price 1 647 000 €
Price per square meter 4 334.21 €
Floor area 380 m²
Construction phase Resale
Address Portugal, Lisbon
Location within the city
Business on sale

Finance

Profitability
Annual return 5.5 %

Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100%

Annual income 90 000 €

Annual rental revenue, excluding operating expenses

Pay-off period 18.3 years

Rental income covers all the expenses in

Business expenses
Not included in the price

Description

Located in the city center with a population of 60,000 people between Lisbon and Porto, the city's population has been steadily increasing for the last 20 years.

Located in a very busy area, there are shops, supermarkets, offices, healthcare facilities nearby. The restaurant is located near the city University and just a 5-minute walk from the stadium.

Contract from October 2021 for 29 years, not rigid

Area of 380 sq. m

Income per year 90,000 euros

Price 1,647,000 euros

Yield 5.5%


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Representative

Elena Pinkhasik
Head of EU Direction
Languages: english
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Seller
Elena Pinkhasik Head of EU Direction

Intermark Global

Languages: english
Contact seller
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