Engel & Völkers
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Parking Facility in Carnaxide

€3,950,000
  • 339 Rooms
  • 2 Bathrooms
  • 9,996 m² Total surface
  • 4,269 m² Living area

Description

With an established and fully operational business, this covered parking facility represents an excellent investment opportunity, offering proven profits and an attractive gross yield of about 7%. The current operation is profitable and fully documented, with significant growth potential, benefiting from the versatility of the space and the increasing demand for parking solutions and complementary services in the area. Located in a residential area in Carnaxide, this property offers a gross construction area of 9,996m² and 4,269m² of private area, featuring approximately 330 parking spaces and other complementary services that add value and diversify its revenue streams. One of the key advantages of this property is its layout flexibility, allowing the division and adaptation of the space to suit a variety of commercial needs or new business opportunities, maximizing both usability and return on investment. Strategically situated in Carnaxide, the property benefits from excellent connectivity to the main road networks, ensuring fast and efficient access to different parts of the Greater Lisbon area, making it easier to attract clients and partners from a wide range of markets. A unique investment opportunity, combining a profitable and established business, immediate revenue, and a prime location, with the flexibility to tailor conditions to align with the profile and strategy of the right investor, ensuring a smooth and mutually beneficial transaction.

Features
GaragePatioSecurity systemElevatorGreen viewMountain viewOpen viewSenior orientedWheelchair accessible
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Engel & Völkers Lisboa MMC

Your advisor: Francisco Mineiro

Property ID: W-02WW6R

Property details

Object type

Investment

Condition

Very good

Rooms

339

Bathrooms

2

Number of Floors

4

Garages

339

Parking spaces

339

Total surface

9,996 m²

Living area

4,269 m²

Flooring

Concrete

Energy efficiency information

Energy certificate available

Yes

Energy certificate type

Consumption certificate

Location: Carnaxide, Lisbon

Carnaxide is one of the oldest documented settlements in Portugal. It was once a parish of the municipality of Oeiras. The name Carnaxide may be derived from the Arabic word "carna-axide," meaning "hill of red earth," which suggests that Carnaxide was already inhabited at the time of the Muslim invasion. However, the word could also come from the Celtic term "carne-achad," meaning "land of loose stones." None of the theories have been proven, but both help confirm the existence of a population in this area alongside the presence of Arabs and Celts in the Iberian Peninsula.

Floor plans (4)

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Your shop

Engel & Völkers Lisboa MMC

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Provider:

Engel & Völkers Lisboa MMC

License partner of EV MMC Portugal - Mediaçáo Imobiliária Unipessoal Lda.

Commission details

Availability upon agreement. This material is based upon information which we consider reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete and it should not be relied upon as such. This offering is subject to errors, omissions, change of price or withdrawal without notice. Taxes, notary and registry fees must be paid by purchaser, the commission by the seller as stipulated by Portuguese regulations.

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