Building for sale in Portimão

Building in Portimão with 190 m²

Portimão

875 000 €

Buy
id. 123561032-428

190 m²

7

7

D

Description

Investment Property with Immediate Yield | Mini-Hostel with Active Lease Until 2029

A solid opportunity for investors seeking guaranteed income and contractual stability.

Freehold building comprising 2 floors, currently operating as a mini-hostel with 7 independent units. Each unit includes a private kitchen and bathroom, allowing for efficient and autonomous operation.

The property is currently leased under a fixed-term agreement until February 1st, 2029 (non-renewable), ensuring full predictability for the investor.

Monthly rent: €6,500

  • Immediate income from day one
  • Long-term lease (no renegotiation risk)
  • Ideal for investors focused on stable cash flow
  • Fully adapted for hospitality or similar use

Note: The current lease agreement must be honored until its expiration date (01/02/2029). 

Details

Private Gross Area m²190
Gross Area m²- -
Total Lot Size m²130
Living Area m²130
Bedrooms7
Construction Year1950
FloorR/C
WC/Bathrooms7
ElevatorNo
ParkingNo
Electric Cars ChargingNo

Energetic details

Energy efficiency

Map

Attributes

Beach
Furnished
Heating
Air Conditioning
Close to Public Transportation
Urban
Credit Simulation
Listing Price
875 000 €
Monthly Payment (*)
0

(*) The monthly installment indicated corresponds to a reference value, based on a variable rate (6-month Euribor), not dispensing with a more complete and detailed financial analysis! The information resulting from these simulations is merely indicative, with the purpose of providing guidance on the estimated cost, according to the data indicated by the user. Each financial entity has its own policies and financing conditions, and are not bound by the results of this simulation.