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305 000 €
Building in Santiago do Cacém, Santa Cruz e São Bartolomeu da Serra, Santiago do Cacém
Santiago do Cacém, SetúbalBuilding in Santiago do Cacém, Santa Cruz e São Bartolomeu da Serra with multimedia
164 m²
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Building for sale
Income-Producing Building | Freehold Property | Santiago do Cacém Town Centre Invest in a real estate asset offering immediate rental income and strong long-term appreciation potential, ideally located on Rua Calouste Gulbenkian, in the heart of Santiago do Cacém. Situated in one of the city's most established and sought-after areas, this freehold building benefits from a prime central location, surrounded by local shops, supermarkets, restaurants, cafés, schools, pharmacies, banks, public services and excellent transport links, ensuring consistent demand for both residential and commercial space. With a Gross Construction Area of 164 sqm, the property is held under freehold ownership and comprises three independent units: • 2 residential apartments; • 1 commercial unit. This is an excellent opportunity for investors seeking a balanced combination of immediate cash flow and future upside. In addition to the existing income, there is significant potential to increase profitability through the gradual adjustment of rental values to current market levels and by leasing the commercial unit, which is currently vacant. Key Features • Freehold building; • 164 sqm Gross Construction Area; • 2 residential apartments; • 1 commercial unit; • Immediate rental income; • Strong potential for increased returns; • Prime central location. The strong economic growth currently taking place across the Sines and Alentejo Coast region, driven by major industrial, logistics and energy investments, continues to boost demand for housing, making Santiago do Cacém an increasingly attractive destination for real estate investment. This property represents an outstanding opportunity for investors looking to strengthen their portfolio with a well-located income-producing asset offering both stable returns and long-term capital appreciation. There is also the possibility of acquiring the adjoining building, creating a larger investment opportunity with greater scale, diversification and future value-enhancement potential. ;ID RE/MAX: 126911027-81
Details
Construction Year1961
Gross Area m²- -
ElevatorNo
Private Gross Area m²164
Living Area m²164
GarageNo
Total Lot Size m²- -
Price m²1 859 €
Floor- -
Location
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Additional link:https://remax.pt/126911027-81
Origin Listing reference:id. 126911027-81
Publishing date:
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