FARO, FARO, PORTUGAL - € 185,000

Overview

PROPERTY#:13939106

€ 185,000

Commercial space in Faro Faro

Faro

     This commercial property, currently leased to an established accounting office until the end of 2029, offers a guaranteed annual return of 5.6%. With a monthly rent of €869, it represents a secure and profitable investment with reliable income for the first four years. Set on the ground floor, the space is bright, spacious, and highly functional, featuring two well-defined areas and a bathroom. The property is in excellent condition and benefits from air conditioning throughout, ensuring comfort year-round. Additionally, a private storage room is included, perfect for equipment, files, or other materials. Situated in the heart of Faro, the property enjoys a prime location with excellent visibility and easy access for clients and service providers alike.nnFaro is a charming city in the Algarve region of southern Portugal, known for its historic old town, cobbled streets, and beautiful coastline. The city blends rich cultural heritage with a relaxed Mediterranean atmosphere, making it a favourite destination for both history enthusiasts and sun-seekers. Two of Faro's most famous attractions are the Old Town (Cidade Velha), with its ancient city walls, Arco da Vila, and picturesque streets, and the Faro Cathedral (Sé de Faro), which offers a glimpse into the city's religious history and stunning views from its bell tower. For dining, Faro boasts some excellent options. Restaurant Céu, located in the city centre, is renowned for its refined cuisine and attentive service, while Restaurante Pigs and Cows offers a modern culinary experience and is highly praised for its quality dishes. Both are considered must-visit spots for food lovers in the city. Faro International Airport is approximately 7 kilometres by car from Faro city centre, making it easily accessible for travellers.nnXtophe Properties, a member of the Chestertons Global Network. With our local knowledge and working in the Portuguese real estate business since 2013, we offer exclusive properties and focus on excellence every day. We work with the utmost dedication in connecting clients with properties that meet their expectations, whether for living, investing or expanding business. We have a professional team of real estate experts who speak several languages, including Portuguese, English, French and Spanish and have the aim of offering the best experience to our clients. nEnergy Rating: C n#ref:X9715

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