$1,012,993
Investment Property With Immediate Yield | Mini Hostel With Active Lease Until 2029
- 7 Beds
- 7 Baths
- 2,046 Sqft
- 1,400 Sqft lot
- Updated: August 1
About the Property
Investment Property with Immediate Yield | Mini-Hostel with Active Lease Until 2029 A solid opportunity for investors seeking guaranteed income and contractual stability.
Building under full ownership, comprising 2 floors, fully renovated, currently operating as a mini-hostel with 7 independent units. Each room features a private kitchen and bathroom, allowing for autonomous and efficient oper
Building under full ownership, comprising 2 floors, fully renovated, currently operating as a mini-hostel with 7 independent units. Each room features a private kitchen and bathroom, allowing for autonomous and efficient oper
Investment Property with Immediate Yield | Mini-Hostel with Active Lease Until 2029 A solid opportunity for investors seeking guaranteed income and contractual stability.
Building under full ownership, comprising 2 floors, fully renovated, currently operating as a mini-hostel with 7 independent units. Each room features a private kitchen and bathroom, allowing for autonomous and efficient operation. The property is currently leased under a fixed-term agreement until February 1st, 2029 (non-renewable), ensuring full predictability for the investor.
Monthly rent: €6,500 Immediate income from day one
Long-term lease (no renegotiation risk)
Ideal for investors focused on stable cash flow
Fully adapted for hospitality or similar use Note: The current lease agreement must be honored until its expiration date (01/02/2029).
Building under full ownership, comprising 2 floors, fully renovated, currently operating as a mini-hostel with 7 independent units. Each room features a private kitchen and bathroom, allowing for autonomous and efficient operation. The property is currently leased under a fixed-term agreement until February 1st, 2029 (non-renewable), ensuring full predictability for the investor.
Monthly rent: €6,500 Immediate income from day one
Long-term lease (no renegotiation risk)
Ideal for investors focused on stable cash flow
Fully adapted for hospitality or similar use Note: The current lease agreement must be honored until its expiration date (01/02/2029).
-
Property type
House
-
Year built
1950
-
Price/sqft
$495
Features
- Water View
- Mountain View
- Equestrian
- 3D Floor Plan
- 2D Floor Plan
- Renovated
- Investment Property
- Washer Dryer
- Laundry Room
Features
Lot
- Mountain View
- Water View
- Equestrian
- Investment Property
- Renovated
Indoor
- Air Conditioning
- Washer Dryer
- Laundry Room
Explore the Area
Portimão, Portimao, Algarve, Portugal
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Price per sqft
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Joined 7 years ago
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Listed by
810
Listings
2019
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Last updated
August 1
First listed
May 5
Listing reference
123561032-428
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