Commercial and Services Unit in Paranhos — Investment Opportunity

Commercial and Services Unit in Paranhos — Investment Opportunity

Independent property unit designated for commercial and service use, located in Paranhos, in a well-established area close to shops, universities, healthcare facilities, public transport and the main road networks.

The commercial unit offers approximately 53 sqm, with direct pedestrian access from the street and a ceiling height of around 4.20 metres, providing a spacious atmosphere and allowing different interior layout solutions to be considered.

The property is currently rented for €900 per month, representing an attractive option for investors seeking immediate rental income.

Based on a sale price of €240,000, the current rent represents an indicative gross annual yield of 4.5%, before taxes, condominium fees, maintenance costs and other expenses.

According to information provided by the owner, the current tenants have expressed an interest in entering into a longer-term lease agreement.

Any renewal or new lease agreement will be subject to negotiation and formalisation between the relevant parties.

Main Features

• Independent unit designated for commercial and service use
• Approximate area of 53 sqm
• Independent entrance and direct street access
• Ceiling height of approximately 4.20 metres
• Currently rented for €900 per month
• Potential use as a shop, office or service premises
• Location close to shops, universities and public transport
• Sold in its current condition

The existing ceiling height may allow the feasibility of creating a mezzanine level to be considered. Any such intervention will remain subject to confirmation of its technical, structural, regulatory and administrative viability.

Due to its independent entrance, the unit may also offer potential for a future change of use to residential purposes. This possibility must be confirmed in advance with the relevant authorities and will be subject to compliance with all applicable technical, planning, administrative and, where relevant, condominium requirements.

Location and Accessibility

Located near Lidl in Paranhos, the property benefits from its proximity to:

• Fernando Pessoa University
• Jardim de Arca d’Água
• Lidl and Continente supermarkets
• Health Centre and PSP police station
• Porto University Campus
• Hospital de São João
• Public transport
• Marquês Metro Station
• Campanhã Intermodal Transport Terminal
• VCI, A1, A3, A4 and A28 motorways

There is also the possibility of acquiring the property together with a two-bedroom apartment plus an additional room and two parking spaces, located approximately 50 metres away, subject to a separate negotiation.

Contact us for further information or to arrange a viewing.

Please note: Some images have been digitally edited or include virtual staging and are intended solely to illustrate the potential of the space. The information provided is based on details supplied by the owner, remains subject to documentary verification and is not legally binding.