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Praia da Oura, Albufeira e Olhos de Água, Distrito de Faro
Used · 351m²
buy
600.000 €
Located on the main street of Albufeira, this large two-storey commercial space is leased to a single tenant and has almost 10 years left on the lease, ensuring long-term stability.

- Monthly income: €3,500, updated annually by the inflation index (CPI);

- Tenant bears the condominium charges;

- Current gross profitability: 7%. Net profitability is close to gross profitability;

- Fully equipped kitchen with fume extraction, professional equipment and storage area.

It is a safe, income-generating asset in a prime tourist location, offering investors a solid return and continuously growing.

Albufeira is internationally recognised for its beaches, there are more than twenty beaches, all with unique characteristics, from the wonderful beaches with cliffs to the beaches of extensive sand and golden tone.

Characterized by its seafood and fish-based cuisine, like much of the Algarve, it is distinguished by the exceptional quality of the most varied restaurants present here.

Albufeira has the most complete nightlife in the Algarve, being recognised for the fantastic nights it provides to all who visit it.

Don’t miss this excellent opportunity!
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