Investment with Potential in the Historic Area of Portimão! - Bruno Aragao
Ref. #85506577
Building

Investment with Potential in the Historic Area of Portimão!

Located in the charming Historical Zone of Portimão (ARU Zone), this commercial and residential building has a privileged location, in Largo da Câmara Municipal de Portimão and less than 200 meters from the picturesque r...

€ 545 000 Area: 180,16 m²

Description

Located in the charming Historical Zone of Portimão (ARU Zone), this commercial and residential building has a privileged location, in Largo da Câmara Municipal de Portimão and less than 200 meters from the picturesque riverside area, with a stunning esplanade overlooking the Arade River.

Rental Potential:
With a construction area exceeding 180 m2, this property already has profitability with a yield value of approximately 6.2%.
However, the true potential lies in future investments, which can boost returns to an impressive yield of 8 to 10%.

Attractions and Amenities: In addition to its historical location, the building offers easy access and the convenience of underground parking less than 30 meters away.
Within the building itself is a vibrant dining area, with a restaurant and ice cream shop standing out.
The surrounding region is full of life, with several bars, restaurants, pharmacies, clinics, and a wide variety of shops and services available.
For greater convenience, a large supermarket "Pingo Doce" is just 200 meters away.

Tax Benefits and Energy Certificate: An advantage for commercial activities is the tax benefit, with reduced VAT of only 6%, especially relevant for activities such as a Hostel, given its privileged location in the Historical Center. In addition, the property already has the Energy Certificate, guaranteeing efficiency and environmental responsibility.

Investment Opportunity:
This is an excellent opportunity for investors looking to diversify their commercial activities and service provision.

Contact us today and discover the true potential of this building in the ARU Zone!

Property details

Country
Portugal
District
Faro
City
Portimão
Reference
85506577
Type
Building
Area
180,16 m²
City
Portimão
Parish
Portimão
District
Faro

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