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Property Management Company Portugal Confidential For Sale

Faro, Portugal
Asking Price:
€500K - €1M
Sales Revenue:
€100K - €250K
Cash Flow:
Under €50K

Confidential Sale:

Property Management Company for sale as a whole or with initial 33% percentage available and option of further 33% after two years when proven profitability. Remaining 33% by negotiation.
New contracts in place for 2024 onwards doubling property maintenance portfolio.

Property Sector - Business Opportunity– Algarve Portugal

Property Sales, Property Management, Holiday and Long-term Rentals, Financial Services
An exciting and rare opportunity to purchase an existing – established in 1987 and trading successfully for 35 years.

The imminent retirement of the current owners creates a unique opportunity to take over the entire organisation. Encompassing more than four sectors of the property market each entity has its own separate corporate identity, website and market presence.
The government licenced and authorised real estate operation (AMI & APEMIP) is a core part of the business linking naturally to and feeding the other areas of operation.

The property sales website is cutting edge and links with other local specialist operators form a marketing network. and now being further developed in 2024

The holiday rentals operation has grown year on year and offers end users a wide selection of holiday venues, villas and apartments; currently specialising in the central Algarve region with potential to replicate and extend to other locations. - this has been revamped for 2024 with good initial trading.
Property Management is a core business and property owners rely on professional, timely efficient support. Managed properties are presented for rental or maintained in top condition ready for owners use. - the portfolio for this department has now doubled for 2024 and will show significant return in 2024.
An annual management fee is payable for the service.

Financial Services – Gold Visa market elements are being explored and it is an easy jump to include mortgage, NHR, financial services, insurance and asset management packages and to incorporate the other facets of the group. Exciting opportunities on the agenda waiting to be taken further.

Other business areas include, commercial property exploration, property development and renovations.
Summary:
• Established company with 35 years of profitable trading.
• Strong well recognised corporate identity
• Excellent reputation
• Existing client base
• Latest high-quality tech and websites
• No debts, loans or liens
• Enormous scope for expansion Algarve & National
• Vehicles (owned outright), operational and office equipment.
• Strong networking connections
• Walk in and operate from Day 1

Formal registration of interest is invited after which further documentation can be provided.


This is a unique opportunity to acquire a lifestyle business in a stunning and wealthy part of the world.

Property Information

Location:

Algarve, Portugal

Premises Details:

Leased office

Business Operation

Expansion Potential:

Expansion potential is huge

Reasons for selling:

Retirement

Trading hours:

7days/week

Employees:
2
Years established:
35

Other Information

Support & training:

The current owner who has built up the business wishes to ensure a smooth takeover and will stay for as long as wished gradually reducing involvement.

Furniture / Fixtures value:
€20,000
Inventory / Stock value:
€2,500
Relocatable:
This business can be relocated.