Property details
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District
Setúbal -
County
Almada -
Locality
Almada
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Area
554 m² -
Plot area
402 m²
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Price
1.440.000 € -
Energy Rating
-
Property code
5095
Description
Excellent investment opportunity in the centre of Almada, in a fully owned building, with three floors, aimed at income, located in a consolidated and high-demand area.
The property has a total land area of 402.5 m², an implantation area of 189 m² and a gross private area of 554.4 m². Located in a central area, it benefits from an environment with shops, schools, services and an excellent public transport network, including light rail, buses and easy access to Lisbon, making it particularly attractive for those looking to live close to the capital, but with all the advantages of the south bank.
The building underwent a total rehabilitation in 2006, and is in very good condition. More recently, in 2022, the façades were fully painted. It is also important to mention that seven of the nine apartments have also been rehabilitated. This building consists of eight T2 apartments and one T1 flat, all of them rented, generating a present monthly income of around 5,000 (yield of 4.16%), but with a lot of growth potential.
This is, without a doubt, an asset with excellent potential for appreciation and income, in a central and highly sought-after location in Almada, constituting a safe and solid opportunity for those who want to invest in the real estate market. For more information, please do not hesitate to contact us.
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