Entire residential building, with 3 floors, consisting of 4 T2 with 61sqm and 2 T1 with 58sqm, in a total of 6 fractions with housing allocation with: - Total land area - 235sqm - Implantation area - 130.8sqm - Gross private area - 359.9sqm Located in the parish of Venteira, municipality of Amadora, this building is inserted in a fully consolidated, well-equipped residential area, with easy access to all kinds of shops, schools and other essential services. Its proximity to public transport is a significant advantage, being just 850 meters from the Amadora CP station and in front of the Lidl da Venteira supermarket. The building was completely rehabilitated in 2006 and with façade painting in 2022.4 of the 6 apartments were also rehabilitated. It currently has a total rental value of €3,883/month, which represents a yield of 4.24%, but with a lot of potential for income increase. Of the 6 leases, only one is an open-ended contract, with old rent, with an 86-year-old tenant. Of the others, there are two contracts with staggered income, which guarantees an increase in yield in the short term. If you are looking for a rehabilitated building with the potential to increase the profitability rate, contact us.
Additional link:https://www.cityground.pt/imovel/23141872