Two commercial premises with a lease agreement for 5 years

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Portugal, Santarem
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501 m²
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ID PRT57676

from €625,000

501 m²
Elena Kozyrevaexpert of the Portugal residence permit program for investment
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Portugal D7 Visa

4+ months€820+

Portugal does not grant residence permits for investments in real estate under the Golden Visa program.

However, property purchase or rental is obligatory when obtaining a residence permit under a D7 visa.

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Cost

Property cost

from €625,000

Purchase taxes

IMT - 6%; IMI - 0,3-0,8%

State fees

0,8%

Distances

Ocean 99 km
Infrastructure 500 m
Airport 112 km

Yield and management

Yield

5%

Property management

Yes

We will help you sell the object if you decide to exit the investment

Description

There are 2 commercial premises for sale in the north of Portugal in the city of Entroncamentu:
The Meu Super supermarket in full operation, leased for 5 years, belongs to the large supermarket chain Continente. Shop area 324 sqm. Doce Mel supermarket in full operation, leased for 5 years, owned by a large supermarket chain in the northern region of Portugal. Shop area 177 sqm.
Contracts concluded in 2019 are designed for 5 years and are automatically extended if tenants wish. The rent for two stores is €2,600 per month. The project is eligible for the €500,000 option.
5 minutes by car from Entronmento train station; 4 minutes by car from São João Baptista Hospital; 8 minutes walk from the municipal pavilion Entroncamento; 7 minutes walk from schools; A 10-minute walk from the police station, fire station, banks, clinic, Tunel shopping center and much more; 30 minutes by car from the center of Santarem; 1 hour by car from Lisbon airport.

Real estate

Object type

Retail

Object category

Secondary

Object stage

Ready

Permits

Yes

Design features

Ownership

Characteristics

Total area

501 m²

Number of storeys

1

Parking

No

View

City

Properties

Pantry
Internet
TV

Location