Algarve, Lagos, Portugal
- PROPERTY TYPE
Commercial Property
- BATHROOMS
1
- SIZE
990 sq ft
92 sq m
Key features
- House area: 92,05 sqm
- Air conditioning
- 1 bathrooms
- Construction year: 2018
Description
This exceptional 92 m² commercial space is a worry-free addition to any portfolio, benefiting from an established, reliable tenant currently operating a popular brunch and coffee spot.
Key Investment Highlights:
Guaranteed Income: Secured by a formal lease agreement with a solid two-year term, fixed until May 2027, generating a robust monthly rental income of €1,530. This translates to a strong and predictable yield from day one.
Irreplaceable Location: Positioned directly adjacent to the Lagos Bus Station and the vibrant Wednesday/Saturday Market, guaranteeing maximum foot traffic. The unit is only a short walk from the prestigious Lagos Marina and the bustling historic town centre. Location, location, location—it doesn't get much better for sustained commercial success.
Modern and Pristine Condition: Constructed in 2018 and recently enhanced by the tenant's partial renovation in 2024, the unit is in superb condition, minimising immediate maintenance concerns.
Added Value & Convenience: Includes a private underground parking space and a dedicated storage area—rare and valuable assets in this central location.
Option for Owner-Operator:
The current tenant is open to negotiating a business transfer (sale of the business/key money) for a potential buyer interested in acquiring the ongoing business operation as well.
An opportunity for solid, passive income in one of the Western Algarve’s most desirable cities.
Call us today to discuss the financial specifics of this excellent opportunity or to schedule a private viewing. Don't let this steady income stream slip away!
REF: N375
REF: N375
Algarve, Lagos, Portugal
NEAREST AIRPORTS
Distances are straight line measurements- Faro(International)40.2 miles
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Notes
This is a property advertisement provided and maintained by Marcela Real Estate, Lagos (reference 286307_N375) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.