Properties for sale in Portugal

New Development in São Martinho – Quality, Prestige and an Excellent Investment Opportunity We present an exclusive development in São Martinho, one of the most sought-after and rapidly growing areas in the city. With 42 units ranging from T1 to T2, this project combines high construction quality, a prime location, and strong appreciation potential, with prices starting from €300,000 to €520,000. About the Development: Strategic Location: A growing area with new services and infrastructure. Renowned Developer: Construction by a well-established company known for excellence in high-end projects. Available Typologies: T1 and T2 apartments with functional spaces and modern layouts. Superior Finishes: Contemporary interiors, fully fitted kitchens, and premium materials throughout. Convenience and Proximity: Essential services nearby and easy access to Funchal’s beaches. Terms and Timeline: Construction Period: Approximately 18 months Purchase Terms: ✓ CPCV – 20% ✓ STRUCTURAL STAGE PAYMENT – 10% ✓ REMAINING 70% – Upon deed/signing Investment Option: Potential for resale with high value appreciation due to the area's development. Get in touch for more information and secure your unit with exclusive conditions. Invest with confidence in a distinctive project offering quality, location, and strong profitability potential. #ref: 140440

Store with Approved Project for Apartment T1 - 68m2 + Backyard 17m2 Unique opportunity for investment or home ownership! This space, currently registered as a store, has an approved project for conversion into a modern 1-bedroom apartment, with a gross floor area of 68sqm and a pleasant private backyard of 17sqm. Located in Pinhal Novo, an area of great potential, this property allows the buyer to customize the works and adapt the space to their taste and needs. Price: €170,000 (works to be carried out by the buyer). For more information or to arrange a viewing, please get in touch! #ref: 140429

Excellent investment opportunity in the Santo Tirso area. If you are looking for a plot of land to invest in the construction of several homes in a quiet area with fantastic sun exposure. Then don't waste any more time and book your visit to this fantastic urban plot of land for construction with an area of ​​31,109m2. Located in S. Tomé - Negrelos in the municipality of Santo Tirso. It is located in an urban housing complex with rural characteristics, whose surroundings are essentially characterized by detached houses and land. According to the Santo Tirso City Council's PDM, the land is located in a Type III Housing Area + Ecological Structure where construction is permitted, preferably housing, with a limit of 3 floors above ground and a maximum implantation area of ​​60%. There is also an area allocated to equipment of approximately 9,000m2 (which represents 28% of the total area). It is only about: 3 km from the National Road that connects the center of Santo Tirso to Vila das Aves, 2 km from the center of Vila das Aves 15 km from the access to the A3. Less than an hour away from the cities: Santo Tirso - 14 minutes Trofa - 27 minutes Maia - 30 minutes Porto - 40 minutes #ref: 140308

New Development in São Martinho – Quality, Prestige and an Excellent Investment Opportunity We present an exclusive development in São Martinho, one of the most sought-after and rapidly growing areas in the city. With 42 units ranging from T1 to T2, this project combines high construction quality, a prime location, and strong appreciation potential, with prices starting from €300,000 to €520,000. About the Development: Strategic Location: A growing area with new services and infrastructure. Renowned Developer: Construction by a well-established company known for excellence in high-end projects. Available Typologies: T1 and T2 apartments with functional spaces and modern layouts. Superior Finishes: Contemporary interiors, fully fitted kitchens, and premium materials throughout. Convenience and Proximity: Essential services nearby and easy access to Funchal’s beaches. Terms and Timeline: Construction Period: Approximately 18 months Purchase Terms: ✓ CPCV – 20% ✓ STRUCTURAL STAGE PAYMENT – 10% ✓ REMAINING 70% – Upon deed/signing Investment Option: Potential for resale with high value appreciation due to the area's development. Get in touch for more information and secure your unit with exclusive conditions. Invest with confidence in a distinctive project offering quality, location, and strong profitability potential. #ref: 140337

Located in the heart of Alentejo, in the peaceful village of Cortiçadas de Lavre, this exceptional rural estate offers the perfect balance between natural beauty, tranquillity, and strong development potential. Covering a generous plot of 18,750 sqm, the land is crossed by a gentle stream and features a small pond, creating a serene and picturesque setting. The main residential unit is a fully equipped 3-bedroom villa currently operating as a licensed local accommodation (AL), ideal for immediate income generation through rural tourism. A second, large multi-purpose building houses two bedrooms, a gym, a functional kitchen, and a spacious lounge area. This versatile space is perfectly suited for hosting events, retreats, workshops, or communal gatherings — offering great potential for further development within the tourism or wellness sectors. Enhancing the leisure offering, the property includes two swimming pools and a football field, making it particularly attractive for families, groups, or organized activities. There are also several former agricultural buildings that were previously used as dormitories during the property's time as a summer camp. These structures hold significant potential for renovation and expansion, whether for additional accommodation units or thematic lodging concepts. Strategically located just over an hour from Lisbon, this estate combines the authenticity and calm of the Alentejo countryside with excellent accessibility to the capital. Whether you're looking for a lifestyle change, a tourism investment, or a project with flexible possibilities, this is a unique opportunity to own a property full of character and potential in one of Portugal’s most sought-after rural regions. #ref: 140211

Discover this spacious and modern villa located in a prestigious condominium with a pool, in the heart of the renowned Vilamoura. Villa Features: Area: 178 m2 Bedrooms: 3 comfortable bedrooms, perfect for family or guests. Kitchen: Fully equipped, ideal for culinary enthusiasts. Air Conditioning: For optimal comfort year-round. Living Space: Bright and inviting, perfect for entertaining. Pool Access: Enjoy relaxing moments by the pool in a lush green setting. Advantages of Vilamoura: Prime Location: Close to beaches, restaurants, and world-class golf courses. Vibrant Atmosphere: A lively and friendly environment, ideal for families and retirees. Don’t miss this unique opportunity to live in one of the most sought-after destinations in Portugal! Contact us today to schedule a visit! Living in Vilamoura means choosing an exceptional lifestyle! #ref: 130428

New Development in São Martinho – Quality, Prestige and an Excellent Investment Opportunity We present an exclusive development in São Martinho, one of the most sought-after and rapidly growing areas in the city. With 42 units ranging from T1 to T2, this project combines high construction quality, a prime location, and strong appreciation potential, with prices starting from €300,000 to €520,000. About the Development: Strategic Location: A growing area with new services and infrastructure. Renowned Developer: Construction by a well-established company known for excellence in high-end projects. Available Typologies: T1 and T2 apartments with functional spaces and modern layouts. Superior Finishes: Contemporary interiors, fully fitted kitchens, and premium materials throughout. Convenience and Proximity: Essential services nearby and easy access to Funchal’s beaches. Terms and Timeline: Construction Period: Approximately 18 months Purchase Terms: ✓ CPCV – 20% ✓ STRUCTURAL STAGE PAYMENT – 10% ✓ REMAINING 70% – Upon deed/signing Investment Option: Potential for resale with high value appreciation due to the area's development. Get in touch for more information and secure your unit with exclusive conditions. Invest with confidence in a distinctive project offering quality, location, and strong profitability potential. #ref: 140437

New Development in São Martinho – Quality, Prestige and an Excellent Investment Opportunity We present an exclusive development in São Martinho, one of the most sought-after and rapidly growing areas in the city. With 42 units ranging from T1 to T2, this project combines high construction quality, a prime location, and strong appreciation potential, with prices starting from €300,000 to €520,000. About the Development: Strategic Location: A growing area with new services and infrastructure. Renowned Developer: Construction by a well-established company known for excellence in high-end projects. Available Typologies: T1 and T2 apartments with functional spaces and modern layouts. Superior Finishes: Contemporary interiors, fully fitted kitchens, and premium materials throughout. Convenience and Proximity: Essential services nearby and easy access to Funchal’s beaches. Terms and Timeline: Construction Period: Approximately 18 months Purchase Terms: ✓ CPCV – 20% ✓ STRUCTURAL STAGE PAYMENT – 10% ✓ REMAINING 70% – Upon deed/signing Investment Option: Potential for resale with high value appreciation due to the area's development. Get in touch for more information and secure your unit with exclusive conditions. Invest with confidence in a distinctive project offering quality, location, and strong profitability potential. #ref: 140443

New Development in São Martinho – Quality, Prestige and an Excellent Investment Opportunity We present an exclusive development in São Martinho, one of the most sought-after and rapidly growing areas in the city. With 42 units ranging from T1 to T2, this project combines high construction quality, a prime location, and strong appreciation potential, with prices starting from €300,000 to €520,000. About the Development: Strategic Location: A growing area with new services and infrastructure. Renowned Developer: Construction by a well-established company known for excellence in high-end projects. Available Typologies: T1 and T2 apartments with functional spaces and modern layouts. Superior Finishes: Contemporary interiors, fully fitted kitchens, and premium materials throughout. Convenience and Proximity: Essential services nearby and easy access to Funchal’s beaches. Terms and Timeline: Construction Period: Approximately 18 months Purchase Terms: ✓ CPCV – 20% ✓ STRUCTURAL STAGE PAYMENT – 10% ✓ REMAINING 70% – Upon deed/signing Investment Option: Potential for resale with high value appreciation due to the area's development. Get in touch for more information and secure your unit with exclusive conditions. Invest with confidence in a distinctive project offering quality, location, and strong profitability potential. #ref: 140373

YOUR DREAM HOME BY THE SEA: COMFORT AND MODERNITY JUST A FEW STEPS FROM THE BEACH! If what you're looking for is quality of life, tranquillity and proximity to the sea, this contemporary villa will redefine your concept of home. Set on a 275 m2 plot, in a quiet and picturesque area of a charming village, it is surrounded by green nature, with the sea just a few steps away. With a total built area of 145 m2, this spacious villa offers a large living area, with a living/dining room integrated into the fully equipped open-plan kitchen. On the ground floor, there is a bedroom with fitted wardrobes and a practical service bathroom with shower. On the second floor, there are two additional bedrooms with fitted wardrobes and a bathroom with a bath and a double washbasin. The clever distribution of space gives the house a cosy atmosphere, while the excellent sun exposure guarantees light throughout the day. Outside, the property offers a swimming pool surrounded by an elegant paved floor, as well as a barbecue area, a shower and a well-kept garden with an automatic watering system and lighting, creating the perfect setting for leisure time. Although there is on-street parking, the villa also has a pergola and private space for parking up to 2 cars. With high-quality finishes, this villa has been designed to offer maximum comfort and efficiency. It has state-of-the-art thermal insulation, electric shutters, double glazing, a central vacuum system, air conditioning, solar panels and automatic gates, guaranteeing a modern and sustainable living experience. ENVIRONMENT - an area surrounded by greenery, with varied and breathtaking landscapes, only 5 minutes from São Martinho do Porto, where you'll find the most beautiful bay in Portugal, 10 minutes from the beach of Foz do Arelho and the Óbidos lagoon, and 15 minutes from Caldas da Rainha. Within 30 km you'll find four world-class golf courses, 17 km from Nazaré, 21 km from the historic town of Óbidos, 40 km from Peniche and 100 km from Lisbon International Airport. In the village you'll find a variety of shops and services, as well as a home for the elderly, a preschool and a cultural and sports centre. It is well served by public transport. Access to the A8 motorway is 8km away. This is your opportunity to create the home of your dreams by the sea, in a truly exceptional location! Shall I reserve it for you? #ref: 140284

Charming House in the Heart of Barão de São João – Algarve Discover this delightful traditional townhouse, ideally located in the historic centre of Barão de São João, a picturesque and highly sought-after village in the Algarve, just 10 minutes from Lagos. Nestled in a quiet street, this unique property perfectly blends the character of Portuguese authenticity with modern comfort. It is a true haven of peace, offering easy access to local amenities, supermarkets, the stunning West Coast beaches, and all the attractions of Lagos. Property Features: - Built area: 115 m2 + 17 m2 with mezzanine - Bedrooms: 3 (including one on the mezzanine) - Bathroom: 1 (with shower and WC) - Separate WC: 1 (adjacent to the master bedroom) - Energy rating: C Upon entering, you’ll be welcomed by a spacious open-plan living room and kitchen on the ground floor, filled with natural light. An elegant staircase leads to a bright mezzanine bedroom — ideal as a home office or peaceful retreat. The property includes a total of three bedrooms, a modern bathroom with shower, and an additional separate WC next to the master suite. The generous layout and thoughtful design create a warm and inviting atmosphere. Outside, a sun-drenched courtyard, beautifully maintained and adorned with a majestic peach tree, offers the perfect space for relaxing or entertaining. The house is equipped with double-glazed windows, a fitted kitchen with gas hob and oven, ensuring comfort for everyday living. Ideally located near iconic beaches, renowned golf courses, and the vibrant town of Lagos, this home offers the perfect balance between peaceful village life and access to tourist and cultural activities. This is a true gem in one of the Algarve's most desirable locations — an exceptional opportunity as a primary residence, holiday home, or rental investment. *Property sold on an exclusive basis *50%-50% commission share with all agencies *I speak French, Portuguese, English, and Spanish #ref: 140393

3-BEDROOM HOUSE ON THE GROUND FLOOR, WITH BASEMENT, IN CHAFÉ Discover the perfect retreat for your family in this elegant house in Chafé, designed to provide comfort and style, an impeccable combination of modernity and functionality. Under construction, with three fronts, it is distributed over a ground floor for living and a basement with a garage and space for various purposes (191.3 m2 of gross area). On the living floor (129 m2 of usable area), you will find an open-plan living room with an equipped kitchen, a suite and two bedrooms with access to the outside and a shared bathroom, providing true well-being. The house will be equipped with a heat pump for heating sanitary water, air conditioning and double-glazed windows with electric shutters. The outdoor space has been carefully designed to be easy to maintain, allowing you to enjoy the beauty of the space without worries and additional costs (431 m2 of total area). The location is ideal, close to shops and services and access to the A28 motorway, allowing you to live without worries. Don't miss the opportunity to enjoy all the comfort and tranquility that this house offers, with work expected to be completed at the end of this year. BOOK YOUR VISIT NOW. DO YOU KNOW CHAFÉ? Chafé is a Portuguese parish in the municipality of Viana do Castelo, with an area of 7.50 km2 and around 3500 inhabitants, the target of the affection of entire families, coming from all over the North region, who have a second home or rent a house and enjoy holidays in the area. With the proximity to Praia da Amorosa, a typical northern beach, a destination for surfers and bodyboarders and around it, several restaurants serving fresh fish and regional dishes and also a barbecue area. COME SEE IT! #ref: 140194

Urban Land with Approved Project – Canelas, Peso da Régua | Douro We present this excellent urban land for construction, located in a quiet and charming place in the parish of Canelas, municipality of Peso da Régua, in the heart of the Douro Wine Region, a World Heritage Site. Property Details - Total land area: 520 m2 - Construction project included - Urban and quiet area, ideal for permanent residence, holiday home or tourist investment - Excellent sun exposure and good access About Canelas Canelas is a parish rich in history and traditions, known for being the birthplace of the illustrious Douro writer João Araújo Correia. According to local tradition, the Fonte de Milho area has historical roots that date back to the time of the Romans, who watched over the Douro River and defended the territory here. Legend has it that, when capturing enemies, the Romans would cut off their shins – the legendary origin of the parish's name. Prime Location ✔ Wide and panoramic views over the valley ✔ Just a few minutes from the city of Régua ✔ Ideal for those seeking tranquility in nature and proximity to the Douro River. -This is a rare opportunity to build in one of the most authentic locations in the Douro, with a project already included and ready to move forward. Schedule your visit now and come and discover the potential of this special place! #ref: 140306

New Development in São Martinho – Quality, Prestige and an Excellent Investment Opportunity We present an exclusive development in São Martinho, one of the most sought-after and rapidly growing areas in the city. With 42 units ranging from T1 to T2, this project combines high construction quality, a prime location, and strong appreciation potential, with prices starting from €300,000 to €520,000. About the Development: Strategic Location: A growing area with new services and infrastructure. Renowned Developer: Construction by a well-established company known for excellence in high-end projects. Available Typologies: T1 and T2 apartments with functional spaces and modern layouts. Superior Finishes: Contemporary interiors, fully fitted kitchens, and premium materials throughout. Convenience and Proximity: Essential services nearby and easy access to Funchal’s beaches. Terms and Timeline: Construction Period: Approximately 18 months Purchase Terms: ✓ CPCV – 20% ✓ STRUCTURAL STAGE PAYMENT – 10% ✓ REMAINING 70% – Upon deed/signing Investment Option: Potential for resale with high value appreciation due to the area's development. Get in touch for more information and secure your unit with exclusive conditions. Invest with confidence in a distinctive project offering quality, location, and strong profitability potential. #ref: 140375

3-BEDROOM HOUSE ON THE GROUND FLOOR, WITH BASEMENT, IN CHAFÉ Discover the perfect retreat for your family in this elegant house in Chafé, designed to provide comfort and style, an impeccable combination of modernity and functionality. Under construction, with three fronts, it is distributed over a ground floor for living and a basement with a garage and space for various purposes (175m2 of gross area). On the living floor (128.3 of usable area), you will find an open-plan living room with an equipped kitchen, a suite and two bedrooms with access to the outside and a shared bathroom, providing true well-being. The house will be equipped with a heat pump for heating sanitary water, air conditioning and double-glazed windows with electric shutters. The outdoor space has been carefully designed to be easy to maintain, allowing you to enjoy the beauty of the space without worries and additional costs (300m2 of total area). The location is ideal, close to shops and services and access to the A28 motorway, which allows you to live without worries. Don't miss the opportunity to enjoy all the comfort and tranquility that this house offers, with work expected to be completed at the end of this year. SCHEDULE YOUR VISIT NOW. DO YOU KNOW CHAFÉ? Chafé is a Portuguese parish in the municipality of Viana do Castelo, with an area of 7.50 km2 and around 3500 inhabitants, the target of the affection of entire families, coming from all over the North region, who have a second home or rent a house and enjoy holidays in the area. With the proximity to Praia da Amorosa, a typical northern beach, a destination for surfers and bodyboarders and around it, several restaurants serving fresh fish and regional dishes and also a barbecue area. COME SEE IT! #ref: 140195

"Those who like come and those who love stay." This phrase, which characterizes the city of Viana do Castelo, is also a reflection of what this villa offers: a space where you will fall in love and want to stay. Located in the city center, this luxury villa is spread over three floors, combining elegance, comfort and practicality. On the ground floor, you will find a large living and dining room, a bedroom that can be transformed into an office, a bathroom and a fantastic kitchen with large storage capacity, which is perfect for those who appreciate a functional and elegant environment, and is equipped with an oven, hob, microwave and extractor fan. It also has direct access to the garden, ideal for enjoying moments of leisure and tranquility. The first floor has two bedrooms, one of which is a suite with direct access to the private patio, ensuring total privacy. There is also a bathroom to support the other rooms. On the second floor, there is a large bedroom with excellent storage space, perfect for organizing all your belongings. This villa benefits from excellent sun exposure and is located in a refined and quiet area of the city, providing the perfect combination between proximity to the center and a quiet environment. It also has double glazing and a heating system, which offers unparalleled comfort all year round. Don't miss the opportunity to acquire this unique house, which combines luxury, functionality and a privileged location in the heart of Viana do Castelo. DO YOU KNOW THE CITY OF VIANA DO CASTELO? It is a charming city located in the north of Portugal, next to the Lima River and the Atlantic Ocean. It is famous for its natural beauty, historic architecture, and rich cultural heritage. The historic center of the city is a real charm, with narrow streets and picturesque squares, as well as iconic sights such as the Sanctuary of Santa Luzia, which offers a spectacular view of the city and the surrounding region. Viana do Castelo is also known for the Feast of Our Lady of Agony, one of the largest religious and cultural celebrations in the country. The city has a welcoming and quiet atmosphere, perfect for those looking for quality of life, and, at the same time, offers excellent infrastructure and proximity to other important cities such as Porto. Come and see this beautiful and charming villa!! #ref: 140226

Brand new – to debut | 3-bedroom apartment with 1 suite and balcony | Campo de Ourique 5 minutes from Amoreiras This apartment, very bright, has undergone a total and deep refurbishment, and is located in one of the most sought-after areas of Lisbon — Campo de Ourique, on Rua da Arrábida — just a five-minute walk from Amoreiras and with all the surroundings of commerce, schools and access. Located on the 3rd floor of a plate building (no elevator), this apartment combines modern comfort with the charm of one of the city's most iconic neighbourhoods. It consists of three bedrooms, one of them en suite, with a balcony, and has an open space living room with an equipped kitchen. All plumbing and electrical installation are new. It has pre-installation of air conditioning, armored door, PVC frames with double glazing and electric shutters. Finishes and equipment: •Floating flooring in natural wood and white lacquered skirting boards •Bathrooms with backlit mirrors and LED light •Fully equipped kitchen with built-in appliances: combined fridge, dishwasher, extractor fan, induction hob, oven, microwave and sink •Recessed lighting and current finishes, thought out with care and attention to detail •New window frames, double glazing, tilting If you are looking for a new apartment, with charm, in an unbeatable location and ready to debut — this could be your next home. Ideal for a young couple to start their life in one of the best neighbourhoods in Lisbon! #ref: 139321

PORTUGAL, ALGARVE, TAVIRA Located in a sought-after residential area close to the centre of Tavira, this ground floor one-bedroom apartment offers a spacious, bright and particularly pleasant living environment. With a living area of 94 m2 and a large terrace of 57 m2, this property combines interior comfort with genuine outdoor space. As soon as you enter, you will be charmed by the generous size of the hall, which harmoniously distributes the various rooms. The living room, bathed in natural light, opens onto a balcony that is ideal for relaxing. The fully fitted and equipped kitchen has direct access to the main terrace, which is perfect for entertaining, enjoying the sun or creating a shaded area thanks to a pergola project that has already been approved. The apartment has two comfortable bedrooms, each with built-in storage with mirrored doors, both opening onto the terrace. Two bathrooms complete the property, one of which has a bathtub. Additional features include pre-installation for air conditioning, a central vacuum system and an underground parking space with secure lift access. This property is an excellent opportunity for those looking for a quiet, secure and well-located environment with all amenities nearby. Tavira offers an authentic and dynamic lifestyle, combining heritage, nature and coastline. Just 30 minutes from Faro International Airport, close to the Spanish border, a few minutes from Benamor Golf Course and the renowned beaches of Tavira and Barril, this apartment is an ideal choice for a primary residence, second home or quality rental investment. Contact us now to find out more or to schedule a viewing. IAD is a network of independent real estate advisors based on a totally innovative model that breaks with the traditional concept of real estate brokerage. Are you looking for a comprehensive, simple and competitive service? That's what we offer at IAD. I will assist you with all the administrative aspects right through to the sale! We share with all agencies that have an AMI licence. #ref: 140314

New Development in São Martinho – Quality, Prestige and an Excellent Investment Opportunity We present an exclusive development in São Martinho, one of the most sought-after and rapidly growing areas in the city. With 42 units ranging from T1 to T2, this project combines high construction quality, a prime location, and strong appreciation potential, with prices starting from €300,000 to €520,000. About the Development: Strategic Location: A growing area with new services and infrastructure. Renowned Developer: Construction by a well-established company known for excellence in high-end projects. Available Typologies: T1 and T2 apartments with functional spaces and modern layouts. Superior Finishes: Contemporary interiors, fully fitted kitchens, and premium materials throughout. Convenience and Proximity: Essential services nearby and easy access to Funchal’s beaches. Terms and Timeline: Construction Period: Approximately 18 months Purchase Terms: ✓ CPCV – 20% ✓ STRUCTURAL STAGE PAYMENT – 10% ✓ REMAINING 70% – Upon deed/signing Investment Option: Potential for resale with high value appreciation due to the area's development. Get in touch for more information and secure your unit with exclusive conditions. Invest with confidence in a distinctive project offering quality, location, and strong profitability potential. #ref: 140370

New Development in São Martinho – Quality, Prestige and an Excellent Investment Opportunity We present an exclusive development in São Martinho, one of the most sought-after and rapidly growing areas in the city. With 42 units ranging from T1 to T2, this project combines high construction quality, a prime location, and strong appreciation potential, with prices starting from €300,000 to €520,000. About the Development: Strategic Location: A growing area with new services and infrastructure. Renowned Developer: Construction by a well-established company known for excellence in high-end projects. Available Typologies: T1 and T2 apartments with functional spaces and modern layouts. Superior Finishes: Contemporary interiors, fully fitted kitchens, and premium materials throughout. Convenience and Proximity: Essential services nearby and easy access to Funchal’s beaches. Terms and Timeline: Construction Period: Approximately 18 months Purchase Terms: ✓ CPCV – 20% ✓ STRUCTURAL STAGE PAYMENT – 10% ✓ REMAINING 70% – Upon deed/signing Investment Option: Potential for resale with high value appreciation due to the area's development. Get in touch for more information and secure your unit with exclusive conditions. Invest with confidence in a distinctive project offering quality, location, and strong profitability potential. #ref: 140325