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Administration, Management, Rental, Real Estate Company Plus Accommodation For Sale

Lagos, Faro
Asking Price:
€500K - €1M Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
€100K - €250K
Cash Flow:
€100K - €250K

Due to reaching retirement age (70), I want to sell my Company which has as it´s main objective the Management and Administration of properties and furthermore, we assist people with tax returns, do rentals and much more. Call it dealing with red tape! Also, we do marketing of RE (Real Estate), give legal and fiscal advice and will soon apply to be a registered estate agent again.

Part of the sale will be the freehold of our office in Lagos, which is in a very well located part of the town and has an area of 110m2 and a market value of over € 200.000,00
The staff which will come with the company has many years experience in this field and they are all multi-lingual.
The company owns many assets amongst it 3 cars.
There is a great possibility to extend the business as we also can sell a freehold fully equipped office in Portimão.
The shareholder also has for sale, less than 100m. from the main office, a very well furnished and spacious south facing 3 bedroom apartment of 130m2 with lounge, kitchen, 3 beds and 2 bathrooms..
Therefore this could be your easy start if you and your family want to start and new life in Portugal.
Accommodation, Business premises and a running business providing you straight away with an income.

We are willing to consider also selling part of the above package.

Property information

Real Estate:

Real Property Included

Living Accommodation:

Not included at the quoted price but the company also owns a very spacious (130m2) fully furnished 3 bedroom apartment less than 100m. from the main business in Lagos. Info can be found on under apartments. This is for sale at the moment for € 235.000



Premises Details:

Located in a central area with nearly always good parking possibilities.
The property has 110m2 of building and is fully equipped, furnished with all modern communication means.

Size in square feet:
Planning Consent:

Not Applicable

Business Operation

Expansion Potential:

It is the intention to apply (again) before selling for another real-estate license during. This could easily double or triple or more the yearly turn-over.
Furthermore, an additional freehold office of 40m2 in Portimão could be purchased as well.

Competition / Market:

We have been in business for well over 30 years and are well known and established. We have hundreds of loyal clients. Sure there is some competition but we have shown continuity, knowledge and a professional and swift service. People can count on us.

Reasons for selling:

The seller has been working and living in Portugal for over 40 years. During those years he has built up a successful company and a clientele which has been loyal for decades. Although I have tried to retire for many years I feel as I will be 70 this year that now it is time!!

Trading hours:

5 days a week from 10:00 - 18:00 and outside office hours when necessary,

Besides the owner - Director another 2
Years established:
The present company (Ldª) only 2 years. But we had other companies before (Real-Estate). Overall we have been in business in Portugal for nearly 40 years.

Other Information

Support & training:

We have highly qualified Multilingual staff but I will be willing to assist and help until the end of this year 2018.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

The sellers are prepared to consider a loan with the premises as security.

Furniture / Fixtures value:
€25,000 - included in the asking price
Inventory / Stock value:
€30,000 - included in the asking price
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Related Documents:
Home based:
This business can be run from home.
This business can be relocated.

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