Building T7 for sale in Portimão

Portimão
874 899 €Sale
id. 123561032-428
190
7 Bedrooms
7 WC

Description

Investment Property with Immediate Yield | Mini-Hostel with Active Lease Until 2029 A solid opportunity for investors seeking guaranteed income and contractual stability . Building under full ownership, comprising 2 floors , fully renovated , currently operating as a mini-hostel with 7 independent units . Each room features a private kitchen and bathroom , allowing for autonomous and efficient 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

Gross Area m²
190
Total Lot Area m²
130
Living Area m²
130
Bedrooms
7
Year of Construction
1950
WC/Bathrooms
7
Elevator
No
Parking
No
Electric Car Charging
No

Map

Rooms

Kitchen
Bedroom
Bedroom
Bedroom
Bedroom
Bedroom
Bedroom
Bedroom
Living Room

Contact Agent

RE/MAX Extra
RE/MAX Extra
Real Estate Consultant
+351 962 552 222 · National mobile

Mortgage Calculator

Property value874 899
Down Payment
87 49010%
Amortization Period:30 years
Monthly Payment (*)3535,82

(*) The monthly payment shown is a reference value, based on a variable rate (6-month Euribor), and does not replace a more complete and detailed financial analysis!

The information resulting from these simulations is merely indicative, intended to guide the estimated cost, according to the data provided by the user. Each financial institution has its own financing policies and conditions, and is not bound by the results of this simulation.

RE/MAX Extra
RE/MAX Extra
Real Estate Consultant