Building under horizontal property ownership comprising five independent units, representing an excellent investment opportunity with immediate rental income and strong medium-term appreciation potential. The property consists of five residential units, each measuring approximately 35 sqm. The first-floor apartment also benefits from a private terrace of approximately 18 sqm, a highly desirable feature in the rental market. With a predominantly south-facing orientation, the building enjoys excellent natural light throughout the day. From the first floor upwards, the units benefit from river views, further enhancing their appeal and long-term value. Currently, two units (2nd and 3rd floors) are vacant, offering immediate rental or refurbishment opportunities. The ground-floor and 4th-floor units are leased until August 2026, generating monthly rents of €600 each. The 1st-floor unit is also tenanted, with a lease agreement in place for a further two years and a monthly rent of €1,000. This is an attractive opportunity for investors seeking an asset with ongoing income, significant upside potential, and future management flexibility. The horizontal property structure also allows for the individual sale of each unit, creating additional value and exit strategies. ;ID RE/MAX: 120521073-999
Additional link:https://remax.pt/120521073-999