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Global Properties

115m² Commercial property in Albufeira, Portugal No. 250026

$ 884 850
$ 7 694 per m²
115 Living space, m²
Albufeira, Portugal
Parameters
Living space, m²
115
ID
250026
Type
Commercial property
Property description
Investment Property – Restaurant + 2-Bedroom Apartment with Rooftop in Downtown AlbufeiraMixed-use property in excellent condition, comprising a restaurant on the ground floor and a 2-bedroom apartment on the first floor with a private rooftop, located just 2 minutes from the beach in one of the busiest and most sought-after areas of Albufeira.Privileged location:Commercial area of downtown Albufeira, with a large influx of tourists throughout the year.Restaurant on the ground floor:Fully equipped, with a loyal clientele. Cozy and functional space, ready to continue operating. Currently leased with good profitability.2-bedroom apartment on the 1st floor:With independent entrance. Comprising two bedrooms, living room, kitchen, and bathroom. Ideal for own use or rental. Also already rented.Rooftop with unobstructed views and space for a jacuzzi:Exclusive area with sunset views, ideal for leisure or tourist appreciation. Space for sun loungers, chill-out area, and jacuzzi.Excellent profitability:Both spaces (restaurant and apartment) are rented, with active contracts.
Guaranteed annual profitability. Property sold with both rental contracts in force if desired. Ideal for investors. Area with high tourist and commercial demand.#ref: 147170
Statistics Albufeira
$ 2 479
Price per m²
167
Quality of Life Index
57
Cost of living Index
Parameters
[:second_city:]
Albufeira
Difference
Monthly Rent Cost
1-Room Apartment
$ 1 372
2-Room Apartment
$ 1 299
Apartment Purchase Price per m²
In the City Center
$ 2 479
Outside the City Center
$ 2 349
Crime Index
31
Cost of Living and Rent Index
48
Purchasing Power Index
70
Property Price to Income Ratio
7
Safety Index
69
Traffic CO₂ Index
2660
Traffic Inefficiency Index
23
Rent Index
36
Health Care Index
54
Groceries Index
59
Pollution Index
48
Traffic Commute Time Index
10
Restaurant Price Index
52
Climate Index
98
Cost of Living Index
57
Quality of Life Index
167
Traffic Index
70
Restaurants
Meal, Inexpensive Restaurant
$ 14.17
Meal for 2 People, Mid-range Restaurant, Three-course
$ 59.03
McMeal at McDonalds (or Equivalent Combo Meal)
$ 10.03
Domestic Beer (0.5 liter draught)
$ 4.72
Imported Beer (0.33 liter bottle)
$ 4.72
Coke/Pepsi (0.33 liter bottle)
$ 2.67
Water (0.33 liter bottle)
$ 1.44
Cappuccino (regular)
$ 2.66
Markets
Milk (regular), (1 liter)
$ 1.48
Loaf of Fresh White Bread (500g)
$ 1.91
Eggs (regular) (12)
$ 3.24
Local Cheese (1kg)
$ 16.31
Water (1.5 liter bottle)
$ 0.55
Bottle of Wine (Mid-Range)
$ 5.31
Domestic Beer (0.5 liter bottle)
$ 1.38
Imported Beer (0.33 liter bottle)
$ 1.89
Cigarettes 20 Pack (Marlboro)
$ 6.61
Apples (1kg)
$ 2.67
Chicken Fillets (1kg)
$ 8.38
Oranges (1kg)
$ 2.00
Potato (1kg)
$ 1.85
Lettuce (1 head)
$ 1.67
Rice (white), (1kg)
$ 2.29
Tomato (1kg)
$ 3.35
Banana (1kg)
$ 1.68
Onion (1kg)
$ 3.04
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 23.61
Transportation
One-way Ticket (Local Transport)
$ 3.19
Monthly Pass (Regular Price)
$ 58.91
Gasoline (1 liter)
$ 2.05
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 35 469
Taxi Start (Normal Tariff)
$ 3.84
Taxi 1km (Normal Tariff)
$ 1.18
Taxi 1hour Waiting (Normal Tariff)
$ 17.71
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 34 869
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 220
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 46.99
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 26.06
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 1 629
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
5%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 55.78
Tennis Court Rent (1 Hour on Weekend)
$ 11.81
Cinema, International Release, 1 Seat
$ 10.33
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 113
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 71.60
1 Pair of Nike Running Shoes (Mid-Range)
$ 86.57
1 Pair of Men Leather Business Shoes
$ 152
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 502
International Primary School, Yearly for 1 Child
$ 11 806
Contact seller
Contact seller

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