1 Commercial properties for sale in Ponta Delgada near: Centro de Saúde de Ponta Delgada (Island), Portugal, of 600.000 € until 2.000.000 €, from 600 m²

Building located in the Historic Center of Ponta Delgada, Rua Machado dos Santos, 96, Parish of São Sebastião, in one of the roads with more pedestrian traffic and the largest amount of commercial equipment and services of Ponta Delgada. Easy accessibility to public transport, city or long-distance buses and car parks. With a rate of profitability (...) and a low management effort, this property is ideal for investors who want immediate profitability. The building consists of r/c occupied with 4 shops and 1 service room; 2 upper floors with a total of 16 rooms all rented individually for offices or service spaces of companies affected to various branches of activity, finally a top floor of use of attic where there are 2 apartments, one of typology T1 and the other of typology T1 +1. All spaces are rented and the lease agreements are mostly of short duration, renewable successively. The average occupancy rate over the years has been almost 100%, including during periods of greatest economic crisis, thus revealing the attractiveness of the building and especially its premium location. Structurally, the building is in good condition despite the existence of termites, having in recent years been the target of several interventions such as the reinforcement of its structure, namely the roof, with the placement of metal frame. #ref:EDI_1922