Algarve, Albufeira, Portugal
- PROPERTY TYPE
Garages
- SIZE
4,844 sq ft
450 sq m
Description
*A Unique Opportunity in the Heart of Albufeira!*
We present a strategic property with a total area of *450 m²*, designed for investors seeking a solid and diversified cash flow. Located in a central area in high demand, this property combines logistics, storage and residential/office income.
Layout:
*7 Enclosed Garages: Spacious and secure, with the possibility of an eighth garage – all fitted with automatic gates.
* 5 Storage Units: Ideal for self-storage or logistical support for local businesses.
* 2-Bedroom Office (Rented Out): Currently let, guaranteeing a fixed and immediate source of income.
*Easy Logistics: Street-level entrance with private outdoor parking next to the main gate, facilitating loading, unloading and quick access.
* Financial Performance:
This is a business with clear figures and a return above the market average:
* *Estimated Monthly Income:* Between *€5,000 and €6,000*.
* *Yield per m²: €18 to €21, highly competitive figures for the central area of Albufeira.
Strategic Advantages:
*Prime Location: Situated in a central area with a chronic shortage of parking and storage spaces.
*Total Versatility: Ideal for car hire, ‘last mile’ logistics, a car detailing workshop, or maintaining the current subletting structure.
Key Advantages:
*Prime Location: Situated in a central area with a chronic shortage of parking and storage space.
*Total Versatility: Ideal for car hire, last-mile logistics, a car detailing workshop, or maintaining the current fractional subletting structure.
*Security and Comfort:* Fully automated gates and easy, ground-level access.
*Don’t miss this opportunity to acquire a multifunctional property with guaranteed returns.
#ref: 888531
Algarve, Albufeira, Portugal
NEAREST AIRPORTS
Distances are straight line measurements- Faro(International)17.1 miles
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Notes
This is a property advertisement provided and maintained by IAD, Porto (reference 888531) 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.



