Algarve, Monte Gordo, Portugal
- PROPERTY TYPE
Shop
- BATHROOMS
1
- SIZE
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Key features
- Near the beach
- Near city center
- Near green areas
- Bedrooms: 0
- Near school
- Near public transportation
Description
Investment opportunity in one of the most sought-after areas of Monte Gordo.
Store with 30.88 m², located on the ground floor of the Veleiro Building, on Rua Diogo Cão a street with an elevated pedestrian crossing and only 400 meters from the beach.
The property is currently leased for commercial use, with a contract valid until March 2027, guaranteeing immediate income for the investor.
Key Data:
Gross private area: 30.88 m²
Use: Commercial
Location: Ground floor
Lease Agreement:
Current rent: €400/month
Fixed-term contract until March 2027
Annual updates foreseen in the contract, according to legal coefficients
Appreciation Potential:
The current rent is below the values practiced in the region for spaces with these characteristics and location. There is room for rent increases, as stipulated in the contract, and it is also an area with high demand, which facilitates placing it on the market at higher prices.
Strategic Location:
Only 400 meters from the beach
Central area of Monte Gordo
Street with high pedestrian traffic
Strong demand throughout the year
Note:
Property sold with a current lease agreement. Possibility of negotiating early departure of the tenant, without guarantee.
Energy Rating: C
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Algarve, Monte Gordo, Portugal
NEAREST AIRPORTS
Distances are straight line measurements- Faro(International)30.7 miles
Advice on buying Portuguese property
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Notes
This is a property advertisement provided and maintained by Casas Do Sotavento, Faro (reference 283622_25547960) 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.