Property acquired via leasing in 2016, investing involving a total refurbishment of the units, creating the infrastructure for the co-working business and warehouse ventures.
In phase 2 the projected potential is for 183 jobs 362K€/year - Yield 8.4% and current profitability is reduced at 60K€/year - Yield 1.4%.
Loft I has an encumbrance of €54K and Loft F has an encumbrance of €129K left on their leasing contracts.
For further information or to arrange to view this property please contact us on our International Number (+351) 308 800 878 or from the UK 0800 014 8201 or from Portugal (+351) 308 800 878 or email us on info@portugalproperty.com.