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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
We work with our partner MAXFINANCE GARANTE that deals with your housing loan WITHOUT COST FOR YOU! MAXFINANCE GARANTE is a credit intermediary linked to Banco de Portugal with the registration number0007287. We present an excellent investment opportunity in Olival Basto, in a fully owned building composed of 3 commercial spaces and 4 apartments, all currently rented, providing a stable and predictable income. The property has an annual income 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 income and potential for valuation in the medium and long term. It is important to note that none of the lease agreements are lifetime, allowing greater flexibility in the future management of the property and in the definition of the investment strategy. The composition of the building is as follows: Shop 1: 25,50sqm Shop 2: 9,30sqm Shop 3: 83,50sqm Apartment 1: 19,50sqm Apartment 2: 31sqm Apartment 3: 41sqm Apartment 4: 44sqm In addition to the income currently generated, this property has additional potential for valorization and optimization, with the possibility of proceeding to the constitution in horizontal property, as well as the expansion through the rise of the 1st floor, naturally subject to the respective feasibility and legal approvals. The location is another of its main differentiating factors. Located in Olival Basto, it is just 5 minutes walk from the Senhor Roubado Metro station, ensuring excellent accessibility and a quick connection to Lisbon and the main roads, namely A8 and A1. In the vicinity there is a wide range of commerce, services, transport and equipment, reinforcing the attractiveness of the area both for housing and for 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, Refª 5043CF4 The information provided, although accurate, does not dispense with your confirmation nor can it be considered binding.
Details
Construction Year1985
Gross Area m²256
ElevatorNo
Private Gross Area m²256
Living Area m²256
GarageNo
Total Lot Size m²- -
Price m²1 914 €
Floor- -
Location
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Additional link:https://www.casasdoruipedro.pt/imovel/26586582
Origin Listing reference:id. 5043CF4
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