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1 380 000 €
Building in Rio de Mouro, SintraSintra, Lisboa
Building in Rio de Mouro with 440 m²
440 m²
Energy efficiency
Building in total board ownership, with 4 floors, consisting of 3 T2 with 65sqm, 1 T2 with 75sqm, 1 T3 with 65sqm and 3 T3 with 83sqm, in a total of 8 fractions with housing allocation, with: - Total land area - 180sqm - Implantation area - 160sqm - Gross private area - 640sqm Located in the parish of Rio de Mouro, municipality of Sintra, this building is located in a well-equipped residential area. The area offers a wide variety of local shops, schools, and essential services, providing convenience and ease of access. Just 400 meters from the Rio de Mouro train station, the property has excellent connectivity for travel and public transport. The building was rehabilitated in 2022. All apartments are also rehabilitated. There are three open-ended lease contracts, with old rents, but with all tenants over 90 years old. It currently has a total rental value of €4,200/month and public support of €102.93/month, which translates into a current yield of 3.74%, but with a lot of potential for income growth in the short term. If you are looking for a rehabilitated building with the potential to increase the profitability rate, contact us.
Additional link:https://www.cityground.pt/imovel/23142075