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Other for sale in Santa Luzia (Funchal), Portugal
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Other for sale in Santa Luzia (Funchal), Portugal

268 000€

Santa Luzia (Funchal)

Features

  • 193 m² surface area (2077 sqFt)
  • Air conditioning
  • 2 bathrooms
  • Alarm
  • N/C

Investment Breakdown

Gross Yield:

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Time to pay off with rent:

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Expected Rent:

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Property description

This commercial space, located near the Jardins de Santa Luzia in Funchal, is a prime location for a successful business venture. Situated on one of the main arteries of the city, this shop benefits from the bustling city atmosphere and the high foot traffic in the area. Surrounding amenities such as clinics, gas stations, restaurants, cafes, schools, and banks make this location ideal for generating business. The 167.50m2 store is spread over two floors, with a spacious ground floor including an office space and restroom facilities. The basement level provides additional storage space and direct access to the garage with two parking lots. The property is free of encumbrances and charges, with all documentation in order for a smooth acquisition process. With its convenient location and potential for business success, this commercial space presents a valuable investment opportunity for those looking to establish a presence near the city center. Don't miss out on the chance to explore this property and discover the advantages it offers for your business endeavors. Contact us now to learn more about this property! As for the price of €268,000 for this property, it seems to be a fair value considering its prime location, size, and potential for business growth. The surrounding amenities and high foot traffic in the area contribute to the value of the property, making it a worthwhile investment opportunity for someone looking to establish or expand their business presence in Funchal.

Location

Santa Luzia (Funchal)

Date added: 17.11.2024

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