Garage in Vale de Janelas with 12 m²

Investment with 12% Gross Yield | Package of 2 Leased Garages on the Same Floor | Óbidos

An excellent real estate investment opportunity offering immediate, double-digit returns in the Western Region.

Joint sale of two private garages located on the same floor in Amoreira / Vale de Janelas (Óbidos), marketed as a package for a total price of €30,000 (€15,000 each).

Investment Highlights:

12.00% Annual Gross Yield: Both garages are currently leased at €150.00/month each, generating a combined total revenue of €300.00/month (€3,600/year).
Low Fixed Costs: Low condo fees of approximately €14.00/month per garage (~€28/month total), ensuring a Net Yield (after condo fees) of ~10.88% per year.
Active and Valid Contracts:
Garage 1 (Unit CT): Contract active until December 15, 2026.
Garage 2 (Unit CV): Contract active until February 28, 2027.
Convenience and Simple Management: Located on the same floor, simplifying asset management.
Virtually maintenance-free properties, with no costs for renovations, appliances, or residential wear and tear.
Location and Context:

Established Residential Area: Located in Vale de Janelas, Amoreira (Óbidos), an area with a shortage of covered parking and private storage space.
Good Accessibility: Quick connections to major roadways (A8 and A15). Proximity: Just minutes from the historic center of the medieval town of Óbidos and a short distance from the Óbidos Lagoon and premier golf courses (such as the Praia D'El Rey Golf Course).

Ideal for investors looking to diversify their portfolio with a liquid, secure asset that generates immediate passive cash flow.