This modern, newly constructed Commercial property is located in an outlying area of Lisbon, within close proximity to three hospitals, major highway routes, the airport and university. 

Features

Size - 538sqm

Price - €1,400,000

Expected Yields - 5,8%

Rental Income

€6,800 / month
**Rental increase in line with inflation as per Portuguese law

Lease Contract

• Contract is 25 years and began in 2012
•  1 year left of guaranteed lease (renewed / extended every 5 years)
• Lease can be renegotiated upon sale
• Reputable national tenant

Additional Costs

• Property monthly costs of maintenance (condominium, water, electricity etc) are the tentants responsibility
• Real Estate Municipal Tax (IMI) of €2,445 per annum is payable by owner