There is no property location added.
There is no property location added.
There is no property location added.
There is no property location added.
165 Sq.M.
Located in the prime area of Ramalde, Porto, this self-storage facility offers a total gross area of 550.50 m², with 165 m² of house area and 230 m² of land. Designed for both personal and business storage, it features 23 rental units, providing a lucrative investment opportunity in a growing market.
Financial Highlights:
- Current Rental Income: €20,000/year, reflecting a 9% yield despite ongoing renovations.
- Projected Full Occupancy Revenue: €35,000/year at €17.50/m², increasing the yield to 15%.
- Established Business: The facility has been actively marketed and rented since January 2022.
With strong demand for storage solutions and excellent accessibility, this property offers immediate rental income with significant growth potential upon completion of renovations. Whether for investment or direct operation, this is a high-performing asset in a sought-after location.
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