Investment in Palmela with 3+ parking spaces

PINHAL NOVO

COMMERCIAL INVESTMENT ASSET

Outstanding real estate asset in the heart of Pinhal Novo, with enormous potential for profitability and appreciation. This commercial space and plot are fully legalized under horizontal property ownership, with a total paved area of 3,867 m², located in a consolidated urban zone (H3C classification according to the local Master Plan), allowing for up to 50 units per hectare.

Composed of 4 independent units, currently leased to 4 well-established commercial tenants, ensuring immediate profitability and secured income:

McDonald’s:

• Gross Private Area: 333 m²
• Exclusive Plot: 1,506 m²
• Lease Term: 22 years (01/01/2018 to 12/31/2039)

MyForce (auto quick services):

• Gross Private Area: 228 m² (2 floors)
• Exclusive Plot: 100 m²
• Lease Term: 5 years (12/01/2023 to 11/30/2028)

AutoJacto (car wash):

• Gross Private Area: 144 m²
• Exclusive Plot: 613 m²
• Lease Term: 10 years (05/04/2016 to 05/04/2026) – New 20-year contract under negotiation with rent update

Retail Shop (2 floors):

• Gross Private Area: 197 m² (2 floors)
• Exclusive Plot/Parking: 23 m²
• Lease Term: 5 years (11/30/2024 to 11/30/2029)

Current Gross Yield (Total)

 · Gross Monthly Income: €15,120.43 

· Gross Annual Income: €181,445.16

Key Features

• Urban plot with 3,867 m²
• Area classified for non-restricted construction (H3C)
• Facing EN252 – main road access to Montijo
• Direct and legalized access through the BP fuel station
• High visibility and traffic area
• All infrastructures and access optimized
• Synergy with BP fuel station and Pingo Doce store
• In front of the Secondary School and very close to Pinhal Novo swimming pools
• Optimized parking and completed signage

Don't miss this opportunity – contact me now for more information and to schedule a visit.