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Global Properties

5 bedrooms Commercial property in Faro, Portugal No. 8472

$ 5 541 120
$ 5 541 per m²
5 Rooms
5 Bedrooms
5 Bathrooms
1000 Living space, m²
Faro, Portugal
Parameters
Rooms
5
Bedrooms
5
Bathrooms
5
Living space, m²
1000
ID
8472
Address
Faro
Type
Commercial property
Property description
Faro Algarve Commercial & Residential Property - A great potential of investment located at a short distance from shops, restaurants, and supermarkets and only a short drive from the airport. The property includes 3 studio apartments, 2×1 bedroom apartments and 2 commercial spaces. All the apartments include ceramic wood flooring throughout, living rooms, AEG-equipped kitchens, bathrooms, and private terraces looking out onto the charming town.

Building:

- 3 studio apartments with a build area between 60-90m2
- 2 x 1-bed apartments with a build area of approximately 150m2
- 2 commercial units:

a.) one has the license for a bar/cafe with 2 WCs and private access to a spacious co-working area in the lower level with the capacity of up to 75 people

b.) the other commercial unit includes an office with 2 cloakrooms and also provides access to the co-working space.
Faro is the capital city of the Algarve, with all its facilities and amenities only a few minutes drive away including the international airport.

Features

* City View
* Furniture included
* Terrace
Features
Location
  • City view
Features
  • Terrace
  • Flooring
  • Wood flooring
Indoor facilities
  • Restaurant
  • Cafe
  • Bar
  • Coworking
Outdoor features
  • Shop
  • Supermarket
Statistics Faro
$ 4 686
Price per m²
166
Quality of Life Index
51
Cost of living Index
Parameters
[:second_city:]
Faro
Difference
Monthly Rent Cost
1-Room Apartment
$ 1 085
2-Room Apartment
$ 945
Apartment Purchase Price per m²
In the City Center
$ 4 686
Outside the City Center
$ 3 606
Crime Index
30
Cost of Living and Rent Index
39
Purchasing Power Index
78
Property Price to Income Ratio
14
Safety Index
70
Traffic CO₂ Index
5958
Traffic Inefficiency Index
141
Rent Index
25
Health Care Index
54
Groceries Index
49
Pollution Index
34
Traffic Commute Time Index
25
Restaurant Price Index
46
Climate Index
98
Cost of Living Index
51
Quality of Life Index
166
Traffic Index
120
Restaurants
Meal, Inexpensive Restaurant
$ 14.27
Meal for 2 People, Mid-range Restaurant, Three-course
$ 42.80
McMeal at McDonalds (or Equivalent Combo Meal)
$ 11.89
Domestic Beer (0.5 liter draught)
$ 2.97
Imported Beer (0.33 liter bottle)
$ 2.38
Coke/Pepsi (0.33 liter bottle)
$ 2.38
Water (0.33 liter bottle)
$ 1.66
Cappuccino (regular)
$ 1.93
Markets
Milk (regular), (1 liter)
$ 1.10
Loaf of Fresh White Bread (500g)
$ 1.58
Eggs (regular) (12)
$ 3.56
Local Cheese (1kg)
$ 14.72
Water (1.5 liter bottle)
$ 1.27
Bottle of Wine (Mid-Range)
$ 5.35
Domestic Beer (0.5 liter bottle)
$ 0.99
Imported Beer (0.33 liter bottle)
$ 3.12
Cigarettes 20 Pack (Marlboro)
$ 6.78
Apples (1kg)
$ 2.71
Chicken Fillets (1kg)
$ 6.44
Oranges (1kg)
$ 1.64
Potato (1kg)
$ 3.30
Lettuce (1 head)
$ 1.47
Rice (white), (1kg)
$ 1.88
Tomato (1kg)
$ 2.72
Banana (1kg)
$ 1.37
Onion (1kg)
$ 2.59
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 11.54
Transportation
One-way Ticket (Local Transport)
$ 3.57
Monthly Pass (Regular Price)
$ 43.98
Gasoline (1 liter)
$ 2.07
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 35 714
Taxi Start (Normal Tariff)
$ 3.92
Taxi 1km (Normal Tariff)
$ 1.19
Taxi 1hour Waiting (Normal Tariff)
$ 22.59
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 40 502
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 148
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 38.75
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 20.80
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 1 486
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
5%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 45.17
Tennis Court Rent (1 Hour on Weekend)
$ 22.59
Cinema, International Release, 1 Seat
$ 11.89
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 75.29
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 46.96
1 Pair of Nike Running Shoes (Mid-Range)
$ 111
1 Pair of Men Leather Business Shoes
$ 109
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 486
International Primary School, Yearly for 1 Child
$ 12 890
Contact seller
Contact seller

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