375 000 €

Building in Penafiel, Penafiel

Penafiel, Porto
233 m²
Energy efficiency
Energy efficiency

Building for sale

House + Flat in the Historic Centre of Penafiel A unique opportunity to live in the heart of Penafiel whilst also generating rental income from part of your property. In the historic centre of Penafiel, this property stands out for its versatility, independence and potential for generating income, making it a particularly attractive option for families who value central location, the authenticity of living in the heart of the town and the possibility of generating additional income. On the ground floor, there is a three-bedroom flat with a separate entrance from the main residence. This feature allows for flexible use: -Long-term letting, providing a monthly income; -Accommodation for family members or guests; -Independent use by children or other family members; -The possibility of adapting its use in the future to suit the family’s needs; -A home for the family and additional income. For a family wishing to buy a home in the centre of Penafiel, this layout offers a particularly significant advantage: it is possible to live in the house whilst simultaneously generating income from the ground-floor flat, helping to cover the costs associated with the property. Each unit features a living room, kitchen, bathroom and 3 bedrooms, offering spacious and well-laid-out rooms. Given estimated market rates of between €650 and €850 per month for a two-bedroom flat, the self-contained flat could generate a potential annual income of between €7,800 and €10,200 (once the current tenancy agreement has expired). One property, multiple possibilities The property’s layout will allow you to combine different objectives in the future: 🏡 Own home + rental income Live in the house and let out the self-contained two-bedroom flat on the ground floor. 👨‍👩‍👧‍👦 Multi-generational family solution Two independent dwellings in the same building, allowing family members to live close by, whilst maintaining their independence. 💼 Property investment Generate income from the existing flat and, subject to planning permission, exploit the potential for capital appreciation in the additional areas. This property meets a need that is becoming increasingly valued: having a central home for the family and within the same property, a self-contained unit capable of generating income. An opportunity for those who wish to live in the historic heart of Penafiel, enjoy all the convenience of the location and, at the same time, turn part of the property into a source of income. Come and see the property for yourself, appreciate its versatility and discover everything this building could offer for your family and investment plans. Important notes: The property does not have a garage or parking space The ground-floor flat is currently let. Book your viewing. ;ID RE/MAX: 121911115-194

Details

Construction Year1977
Gross Area m²- -
ElevatorNo
Private Gross Area m²233
Living Area m²233
GarageNo
Total Lot Size m²- -
Price m²1 609 €
Floor- -

Location

listing-map-picture

Attributes

Equipped Kitchen
Balcony
Terrace
Storage Room

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Origin Listing reference:id. 121911115-194
Publishing date:
Last Update: