- 1
- Bathroom
- 92
- m²
- 92
- Lot m²
- 2018
- Year Built
Stop looking for "potential" and start collecting rent. Strategically positioned at the pulse of Lagos, this 92 m² commercial powerhouse sits directly adjacent to the Lagos Bus Hub and the iconic Wednesday/Saturday Market. In a town driven by movement, this is the finish line.
The Investment Blueprint:
Immediate Cash Flow: Skip the "for rent" signs. This unit comes with a reliable, established tenant running a popular brunch spot, generating €1,530/month and offering 5.9% Gross ROI.
Built for Longevity: Constructed in 2018 and further refreshed in 2024, this is a modern asset with minimal maintenance drag.
Unbeatable Logistics: Includes the "Lagos Gold Standard"—private underground parking and dedicated storage. In this central location, these aren't just perks; they are significant value-adds for resale.
The Strategic Location: You are a stone’s throw from the Lagos Marina and the historic center. Whether the tenant stays for the long haul or you eventually pivot, the foot traffic here is permanent.
The Opportunity:
The current lease is secured until May 2027, but the tenant is thriving and happy to stay. For those looking to enter the Algarve market as an owner-operator, the tenant is also open to discussing a business transfer (key money).
Smart money looks at commercial units like this: Higher yields, longer leases, and the tenant maintains the interior. At 5.9%, this outpaces almost every residential play in the Western Algarve right now. It’s a "buy and forget" asset for your portfolio.
Why wait for the market to move when you can own the move?
- Energetic class: B-
- A+
- A
- B
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