3 600 000 €

Building in Almada, Cova da Piedade, Pragal e Cacilhas, AlmadaAlmada, Setúbal

1 700 m²

Garage

Energy efficiency

Building for sale

Income-generating and redevelopment urban building, held in full ownership, located in the heart of Almada. Eleven independent units distributed across six floors, with unobstructed views of the Tagus River from the 3rd floor upwards, a highly valued feature in a market with strong demand. Property Features Land area: 428.73 m² | Building footprint: 265.00 m² Ground floor with covered and enclosed garage 8 units (1st to 4th floors): 114.58 m² + 18.45 m² ancillary area each 2 units on the 5th flo...Income-generating and redevelopment urban building, held in full ownership, located in the heart of Almada. Eleven independent units distributed across six floors, with unobstructed views of the Tagus River from the 3rd floor upwards, a highly valued feature in a market with strong demand. Property Features Land area: 428.73 m² | Building footprint: 265.00 m² Ground floor with covered and enclosed garage 8 units (1st to 4th floors): 114.58 m² + 18.45 m² ancillary area each 2 units on the 5th floor: 73.56 m² each Masonry construction | Registered since 1987 Full Ownership. Complete Control. No condominium. No owners' association. No management restrictions. The purchaser has complete freedom to renovate, lease, reposition or redevelop the building according to their investment strategy. Occupancy and Progressive Vacant Possession The building currently has only three tenants. Two units will become vacant in the short term, in December 2025 and March 2026. Only one lifetime tenant will remain. Immediate cash flow with progressive flexibility for asset repositioning. Condition Some units have already been renovated and are ready to generate income, while others offer significant value-add potential through refurbishment. The ideal combination of immediate returns and medium-term capital appreciation. Location Central Almada. Public transport nearby. Public parking facility of approximately 500 m² less than 500 metres away. Established area with continuous appreciation within the Lisbon Metropolitan Area. An opportunity aimed at investors, developers and construction companies with a strategic vision.

Details

Construction Year1981

Gross Area m²1 700

ElevatorNo

Private Gross Area m²1 700

Living Area m²- -

GarageYes

Total Lot Size m²430

Price m²2 117 €

Floor- -

Location

Attributes

Garage

Mortgage Simulator

CENTURY 21 Home Vintage

Seixal, Setúbal

AMI 20915

Elis Pinheiro

+351 969 895 *** See number

Call to national mobile network

Building in Almada, Cova da Piedade, Pragal e Cacilhas, AlmadaAlmada, Setúbal

Building in Almada, Cova da Piedade, Pragal e Cacilhas with parking