This Commercial Retail centre is located just 8km from the city of Lisbon, the administrative heart of Portugal, 11 km from the nearest airport and near many interesting museums and theaters.

Features

Size - 298sqm

Price - €850,000

Rental Income - €5,800 per month
**Rental increase in line with inflation as per Portuguese law

Expected Yields - 8,2%

Lease Contract

• Contract is 25 years and began in 2014
• 3 years left of guaranteed lease (renewed / extended every 5 years)
• Reputable national tenant

Additional Costs

• Property monthly costs of maintenance (condominium, water, electricity, etc) are the tenants responsibility
• Real Estate Municipal Tax (IMI) of €1,480 per annum is payable by the owner