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€ 2,700,000

Luxury apartment complex for sale in Almada, Distrito de Setúbal

€ 2,700,000
340 m²

Description

Exclusive Investment Opportunity in Cacilhas - Urban Building with High Profitability!

We present a unique opportunity for investors looking for a strategic property on the South Bank. This wholly-owned urban building, located in Cacilhas, Almada, stands out for its consolidated profitability and potential for future appreciation.

Property Highlights
Total plot area: 432 m²
Covered area: 340 m²
Covered area: 92 m²
Composition:
- 9 Apartments (T1 to T3)
- 2 Street Shops
- 1 Warehouse
- 3 Garages

Valorisation and Profitability
The property has undergone a process of strategic upgrading, including improvements to the facade and various units. The progressive updating of the leases has brought the values into line with current market conditions, guaranteeing a stable and attractive annual income.

Legal status
- Fully-owned building, offering simplified management.
- Future possibility of conversion to horizontal property, allowing units to be sold in instalments.
- Currently fully let, with a high take-up rate and constant demand.

Strategic location
Cacilhas, Almada - One of the most dynamic areas of the South Bank, constantly growing and increasing in value.
850 metres from the Cacilhas River Terminal - quick access to Lisbon in just 10 minutes.
12 km from downtown Lisbon - around 30-35 minutes by car.
Complete infrastructure - local shops, schools, services and a wide range of public transport.

Advantages for Investors
Stabilised annual return - yield higher than the average for the region.
Potential for increase in value - possibility of conversion to horizontal property.
High liquidity in the rental market - properties are quickly absorbed by demand.
Easy management - up-to-date contracts and full ownership.

Detailed Property Composition
Main Building (Residential and Commercial)
- Covered area: 250 m²
- Uncovered area: 92 m²
- Basement, ground floor, 1st and 2nd floors

Garages
- Covered area (for garage) 60 m²
- Uncovered area (for garage) 30 m²

Energy Certificate: B-D

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Energy Rating: B

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Details

External size:
432 m²
Size:
340 m²
Energy Rating:
B
Reference:
EDI_283
Status:
Good
Car parking

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Position