Description
Investment Building in the stunning city of Peniche
Discover this fantastic investment opportunity in the heart of Peniche! With a prime location and easy access, this four-story building faces two of the city's most iconic areas.
Property Features
This building has immense potential and excellent profitability, consisting of 8 residential units (apartments) and 1 commercial unit (store).
Ground Floor: A spacious commercial space, ideal for any type of business.
1st Floor:
2-Bedroom Apartment on the First Floor: Vacant, offering flexibility to be inhabited or rented immediately.
4-Bedroom Apartment on the First Floor: Leased with a fixed-term contract from March 1, 2024, to February 28, 2029, with a monthly rent of €250.
2nd Floor:
2-Bedroom Apartment on the Left: Leased with a fixed-term lease from February 1, 2022, to January 31, 2027, with a monthly rent of €294.
4-Bedroom Apartment on the Right: Leased with a fixed-term lease from April 1, 2018, to March 31, 2028, with a monthly rent of €328.
3rd Floor:
2-Bedroom Apartment on the Left: Leased with a long-term lease ending October 31, 2025, with a monthly rent of €70.21.
4-Bedroom Apartment on the Right: Vacant, with great potential.
4th Floor:
2-Bedroom Apartment on the Left: Vacant and ready to move in.
4-Bedroom Apartment on the 4th Floor: Leased under a fixed-term lease with a closing date of January 31, 2028.
Profitability Potential
With four 2-bedroom apartments and four 4-bedroom apartments, this building offers a balanced layout and enormous income potential. The vacant units (the 2-bedroom apartment on the 1st Floor, the 4-bedroom apartment on the 3rd Floor, and the 2-bedroom apartment on the 4th Floor) offer the new owner an excellent opportunity to renovate, monetize, and increase the value of their investment.
Don't miss this opportunity to acquire a solid real estate asset in one of the most sought-after cities in the West, famous for its beaches, surfing, and its rich history and culture.
On the 1st, 2nd, 3rd, and 4th floors, there is a 2-bedroom apartment per floor (hallway, living room, 2 bedrooms, kitchen, pantry, and bathroom) and a 4-bedroom apartment per floor (hallway, 1 bedroom with private bathroom, 3 bedrooms, living room, kitchen, pantry, and bathroom).
The municipality of Peniche is an area of great natural beauty and enviable landscapes, boasting a vast historical, cultural, and religious heritage.
Peniche is a vibrant and forward-looking municipality. Therefore, festivals and activities are an important source of entertainment and tradition in the municipality. Religious festivals, especially the Feast of Our Lady of Good Voyage, help Peniche residents remember and experience the land where they live and maintain a tradition of great beauty and meaning.
From the magnificent beaches along the entire coast, ideal for water sports, to the impressive cultural heritage, including fortifications and religious monuments, Peniche offers a diverse range of tourist attractions, including a rich and varied cuisine dominated by fish and seafood dishes and a diverse range of handicrafts, including the famous Peniche Bobbin Lace.
For more information, please contact us...
The information provided, while accurate, does not exempt you from verification and cannot be considered binding.
Energy Rating: D
