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490 000 €
Building in Póvoa de Santo Adrião e Olival Basto, Odivelas
Odivelas, LisboaBuilding in Póvoa de Santo Adrião e Olival Basto with multimedia
256 m²
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Building for sale
Do you need a Mortgage? We work with our partner MAXFINANCE GUARANTEES that you take care of your mortgage AT NO COST TO YOU! MAXFINANCE GARANTE is a credit intermediary linked to the Bank of Portugal with the registration number 0007287. We present an excellent investment opportunity in Olival Basto, in a fully owned building consisting of 3 commercial spaces and 4 apartments, all currently leased, providing a stable and predictable income. The property has an annual yield of €26,100, corresponding to a gross return of approximately 5.5% per year, constituting a particularly interesting solution for investors looking for a real estate asset with immediate return and potential for appreciation in the medium and long term. It should be noted that none of the lease contracts are for life, allowing for greater flexibility in the future management of the assets and in the definition of the investment strategy. The composition of the building is as follows: Store 1: 25.50 m² Shop 2: 9.30 m² Store 3: 83.50 m² Apartment 1: 19.50 m² Apartment 2: 31 m² Apartment 3: 41 m² Apartment 4: 44 m² In addition to the income currently generated, this property has additional potential for appreciation and optimisation, with the possibility of establishing it as a horizontal property, as well as expanding it by raising the 1st floor, naturally subject to the respective feasibility and legal approvals. Location is another of its main differentiating factors. Located in Olival Basto, it is just a 5-minute walk from the Senhor Roubado Metro station, ensuring excellent accessibility and a quick connection to Lisbon and the main road axes, namely A8 and A1. Nearby there is a wide range of commerce, services, transport and equipment, reinforcing the attractiveness of the area for both housing and commercial activity. A particularly interesting opportunity for investors looking for a property already with income, asset diversification and margin to enhance its value and profitability in the future. Real Estate Casas do Rui Pedro, Ref. 5043CF4 'The information provided, although accurate, does not dispense with its confirmation nor can it be considered binding.'
Details
Construction Year1985
Gross Area m²256
ElevatorNo
Private Gross Area m²256
Living Area m²- -
GarageNo
Total Lot Size m²- -
Price m²1 914 €
Floor- -
Location
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Additional link:https://www.casasdoruipedro.pt/imovel/?rid=26586582
Origin Listing reference:id. 5043CF4
Publishing date:
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