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750 000 €

Shop in Cascais, Portugal, 82 sq.m

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  • Property ID on Prian.info: 3476516
    Property ID on company's website: NC -13245
    Last update: 24.09.2023
    Number of views: 2704

750 000 €

Shop in Cascais, Portugal, 82 sq.m

82 sq.m 4% per year
Residence Online Viewing Remote Transaction Business on sale

  • Property ID on Prian.info: 3476516
    Property ID on company's website: NC -13245
    Last update: 24.09.2023
    Number of views: 2704

Specifications

Sale price 750 000 €
Price per square meter 9 146.34 €
Floor area 82 sq.m
Construction phase Resale
Floor 1
Address Portugal, Cascais, TSentr Kashkajsha
Location at the seaside

Business on sale


Additional services

  • Residence permit upon purchase
  • Property management company
  • Online viewing is available
  • Opportunity of a remote transaction

Finance

Profitability
Annual return 4 %

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

Annual income 30 000 €

Annual rental revenue, excluding operating expenses

Business expenses
Not included in the price

Description

This offer is suitable for the new conditions of the Golden Visa program from January 1, 2022.

The store is located in one of the most famous tourist places in Portugal, in the "city of kings" of Cascais. Besides the Portuguese President living here, Cascais has become a second home for many investors from Europe and the USA.

The shop is located 100 meters from the beautiful bay of Baia de Cascais, where tourists and locals walk all year round. It is licensed both for the operation of the restaurant business and for the retail space.

Since 2020, the store has been leased to a large company in the restaurant business. There is a management company providing a stable income and maintaining the condition of the facility. Annual income of 4%.

When buying a room, the lease contract is automatically transferred to the new owner.


Representative

Olga
Languages: english
Show phone number

Company