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€770,000
This property was selected and recommended by Porameta for its valuable investors. Positioned on the first line of Quarteira Beach, this 289 m² commercial property offers a prominent location in one of the Algarve's established coastal destinations. The premises comprise approximately 120 m² on the ground floor and 170 m² in the basement, providing a two-level layout for a range of suitable commercial activities. A full-glass south-facing facade showcases the shopfront towards the beach, while a second facade provides access to a condominium area designated for loading and unloading. Built in 1974, the property is in used condition and includes a bathroom, storage room and retractable security gate. Its beachfront position and visibility may suit a retail shop, showroom, boutique or another business that benefits from exposure to residents and seasonal visitors. The basement offers additional space, subject to confirmation of its permitted use and suitability for the intended business. Offered for €770,000, the premises are located within reach of Quarteira's seafront promenade, restaurants, shops and leisure facilities. Buyers should verify the official floor areas, legal status of the basement, condominium access rights, permitted commercial use and any applicable renovation requirements before completing the purchase. This property was listed by Odilia Dias as the original product provider. For interested parties, please contact Odilia Dias directly with the details below: Phone: +351925701868 Email: odilia.dias@kwportugal.pt
Estimate the yield on this property. Every figure can be changed.
Estimated from the typical gross yield in Faro (4.8–6.5%). The seller has not stated a rent; enter the actual figure if you know it.
IMI, insurance, upkeep, management and empty months.
Net yield
4.5%
Based on the typical yield in Faro, not a figure from the seller.
Estimates only, before financing, notary fees and income tax. Confirm the figures with the agent and your adviser.
Curated by the agent
Listed by
Porameta Concierge Team
Brokered by Original Provider Agent, Recommended by Porameta
Porameta
AMI 26966
Listing Details
Facts & Features
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