Great investment opportunity! Commercial Space/ Store | Estoril

€750,000

4 Rooms
1 Bathroom
128 m² Total surface

Description

Great investment opportunity! We present this magnificent commercial space located in the iconic "Arcadas do Estoril", situated in the most touristic region of Costa do Estoril, adjacent to the stunning gardens of Casino do Estoril, the famous Tamariz Beach, and the train station. This commercial space, spread over three floors (1st floor, ground floor, and basement) and with a total area of 128 m2, offers a bright and welcoming atmosphere thanks to its fully glazed facade, perfect for exhibitions, and enjoys convenient parking availability. The property is currently leased for a period of three years, ensuring an attractive annual gross yield of 5.6%. It also holds a license for commercial and service use, making it ideal for showrooms and coworking spaces. With easy access to Lisbon, both via the coastal road and the highway, this is truly an unmissable investment opportunity!

Features

BasementWaterfrontOpen view

Engel & Völkers Cascais

+351 214 860 176

Your advisor: Paula Barbosa

Property ID: W-02P7PD

Location: Estoril, Lisbon

Estoril is an old town in the Municipality of Cascais and is 20 minutes from Lisbon international airport. The town strikes the perfect balance between Portuguese charm and outstanding infrastructures creating the ideal destination for living. Estoril is at the heart of the Portuguese Riviera, a region infamous for 20th century exiled kings and spying during World War II. During this time the prominence of Europe’s ousted royalty, gave Estoril an air of prestige and refinement. This reputation for exclusivity continues through to today; found in Estoril are fine dining restaurants, world-class golf courses and the largest casino of the Iberian Peninsula. The south-facing beaches are a huge asset, particularly for people who enjoy calm waters, sandy areas with little wind and milder temperatures. The Estoril area has around 260 sunny days a year. Estoril also has high quality restaurants that will delight the lovers of good cuisine, never forgetting the proximity to Lisbon and Cascais and the exclusivity they offer.

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.