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970 000 €
Building in Queluz e Belas, Sintra
Sintra, LisboaBuilding in Queluz e Belas with multimedia
340 m²
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Building for sale
5-STORY BUILDING FOR SALE IN QUELUZ | INVESTMENT OPPORTUNITY A building under single ownership, comprising 5 independent units—one per floor—with a total gross construction area of 340 m². Located on Avenida Dr. Miguel Bombarda in Queluz, this property offers an attractive opportunity for investors seeking a residential asset with potential for rental yield, renovation, and future appreciation. Currently, 3 of the 5 units are vacant (the basement, ground floor, and 1st floor), while the remaining two are tenanted, with lease agreements scheduled to end in 2027. Formal notices of non-renewal have already been sent to the respective tenants; the process for vacating these two units is therefore underway, in accordance with applicable legal terms and timeframes. 🏢 BUILDING COMPOSITION BASEMENT | Studio (T0) • 43 m² private gross area • 42 m² patio/associated land • Energy Rating: E • Vacant GROUND FLOOR | 3-Bedroom (T3) • 65 m² private gross area • Energy Rating: D • Vacant 1ST FLOOR | 3-Bedroom (T3) • 72 m² private gross area • 6 m² dependent gross area • Energy Rating: C • Vacant 2ND FLOOR | 3-Bedroom (T3) • 72 m² private gross area • 6 m² dependent gross area • Energy Rating: C • Currently tenanted; lease agreement ends in 2027 3rd FLOOR | 3-Bedroom Unit (T3) • 72 m² of private gross area • 6 m² of dependent gross area • Energy Rating: C • Currently tenanted, with a lease agreement ending in 2027 The five units are officially registered for residential use and identified as independent living spaces, each with its own proportional share (permilagem) of the property, totaling 1,000‰. 📐 BUILDING AREAS • Total gross construction area: 340 m² • Total private gross area: 323 m² • Total dependent gross area: 17 m² • Total land area: 126 m² • Building footprint: 84 m² • Patio/land area associated with the basement (Cave): 42 m² The property is habitable, though it requires modernization and improvements, offering the future owner the opportunity to adapt and progressively add value to the individual units. The building, featuring a traditional design, retains the character typical of its era, providing a solid foundation for a renovation project that blends the existing architectural identity with contemporary solutions. 📍 LOCATION | QUELUZ – AVENIDA DR. MIGUEL BOMBARDA Situated in a well-established, predominantly residential urban area of Queluz, the building benefits from a surrounding environment that includes traditional shops, supermarkets, restaurants, schools, healthcare facilities, and other essential services, as well as good access to public transport. Its proximity to Lisbon, Amadora, and major road networks—combined with easy access to transport and services—ensures consistent residential demand and enhances the property’s appeal as an investment opportunity. 💼 INVESTMENT POTENTIAL The building’s configuration—comprising 5 independent units, 3 of which are already vacant—allows for various value-enhancement strategies: • Phased renovation of the vacant units; • Use for residential leasing; • Repositioning and overall appreciation of the building and its individual units; • Potential future establishment of a condominium regime (horizontal property), subject to legal feasibility. The combination of its location, size, and building layout—along with the prospect of full vacancy by 2027 (with formal notices of non-renewal of existing lease agreements already issued)—makes this property particularly attractive to investors seeking a residential asset with diverse opportunities for generating returns and future capital appreciation. 📲 Please get in touch for further information, to review documentation, or to schedule a viewing.
Details
Construction Year1958
Gross Area m²340
ElevatorNo
Private Gross Area m²340
Living Area m²335
GarageNo
Total Lot Size m²126
Price m²2 852 €
Floor- -
Location
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Origin Listing reference:id. C0475-00665
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