Carnaxide - Covered Parking Lot, for 339 spaces - For Sale

Take advantage of this rare opportunity to acquire a fully operational and highly sought-after garage, which generates impressive returns and offers a stable investment with simplified management.

Located in Carnaxide in a prestigious building, this parking lot is a unique investment opportunity.

Main property features:

• Commercial fraction with 339 parking spaces spread over 10,000 m², on 4 floors, with 4 elevators.
• Currently, it has over 400 customers with monthly subscriptions.
• All payments are electronic (via green lane or bank transfer).
• 60 solar panels, which substantially reduce the energy bill.
• Fully automated access and billing system.
• Programmed doors and minimal operating costs (only 3 employees).
• "Hands-off" remote management, with high scalability potential.

Solid financial performance:
• Annual revenue exceeding €280,000, with a 60% benefit for the owner and a year-on-year growth of 120% since 2022.
• Net benefit for the owner above €182,000/year, fully proven through financial records
• The business usually operates above maximum capacity, currently at 120%, taking advantage of the undefined vacant space, as the marked spaces only cover 4,269 m², corresponding to 19.5% of the total gross area.

Exceptional occupancy rate:
• Over 400 active members, despite the capacity of 339 spaces (115-120% utilization)
• Membership/subscription-based model (similar to a gym), ensuring predictability and recurring income
• Customer acquisition ensured by Google Ads campaigns, not relying on local traffic

Diversified revenue sources
• General and reserved parking
• Private spaces, secure boxes, and storage rooms
• Dedicated spaces for motorcycles, boats, and campervans

Location

Privileged location in Carnaxide, 5 minutes from Lisbon with excellent access (A5 and CRIL). Ideal for residents and workers in the area, as well as for owners of collection cars or those in need of storing second vehicles.

Why invest in this asset?

More than a property, this parking lot is a profitable, stable, and scalable business. The membership model ensures a high occupancy rate and recurring cash flows, making it ideal for investors seeking low-risk, high-return assets with reduced management effort.

Contact me today to access the financial documentation, schedule a visit, or learn more about how you can integrate this valuable asset into your portfolio.