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Listing Details
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| Description: |
Location, Location, Location. This excellent shop is located on famous "Strip" of Albufeira also known as "Rua dos Bares" -probably the most sought after business location on the Algarve! With literately thousands of tourist passing right in front, any business is guaranteed success! This shop is currently running a highly successful Real Estate business. The Shop is freehold with full basement and 2 toilets and meeting room. Its perfect location could invite the shop to become a profitable Bar/Snack Bar etc. With room for about 20 tables, this project could easily make € 360.000 per year. (20 Tables x € 20 x 3 turn-over per day = € 1.200 per day x 30 days = € 36.000 per month x 10 month = € 360.000). Another successful business for this prime location could be an English branded coffee/sandwich shop. The shop might also be interesting for an investor as the monthly rental income for shops like this one, on the Strip is between € 30.000 and € 36.000 per year. This prime located business location is valuated to 520.000 Euros (valuation rapport available), but the price has recently been reduced to only 450.000 Euros and the price can still be negotiated on a quick sale.
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| Features & Amenities |
Central Air, Alarm System, Refrigerator
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For information and Portugal Property For Sale,
please go to:
Algarve Property World
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