Property details
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District
Setúbal -
County
Almada -
Locality
Almada
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Area
864 m² -
Plot area
216 m²
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Price
2.190.000 € -
Energy Rating
-
Property code
5091
Description
Excellent investment opportunity in Cova da Piedade, next to Jardim dos Caranguejais - Almada, in a consolidated area, well served by commerce, services, schools and transport. It is a fully owned building, consisting of five floors, having undergone a full rehabilitation in 2006 and also benefiting from a recent intervention, with the painting of facades carried out in 2022, and is currently in a very good state of conservation.
The property has a total land and implantation area of 216 m² and a gross private area of 864 m².
It consists of a total of ten apartments, spread over three T4 apartments and seven T3 apartments, with nine of the ten apartments rented and the remainder under refurbishment. Of the nine rented apartments, seven have already been rehabilitated. Currently, the nine rented apartments generate a monthly income of 6,680 (yield of 3.63%), but with a very significant potential for growth and appreciation.
This is a rare opportunity for those looking to invest in a solid asset, with guaranteed profitability, located in one of the most central and valued areas of Almada, with a highly sought-after residential environment. For more information, please contact us now.
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