Description
If you are looking for a solid real estate investment opportunity with high potential for appreciation and return, we present this building for total rehabilitation in Cacilhas, with approved speciality projects and a privileged location in one of the areas with the highest tourist demand on the South Bank.
This centenary building, dating from 1817, is located in the middle of the ARU area - Urban Rehabilitation Area, which allows direct tax benefits and support from the City Council of €30,000 (€2,500 per housing unit), making the investment even more attractive.
Technical Data and Exploration Potential:
Covered Area: 650 m²
Net Area: 560 m²
Approved project for 8 apartments
Possibility to add 2 more floors
Strategic location a few meters walk from the Cacilhas river terminal, with direct connection to downtown Lisbon
This project is designed for those who want to transform the building into a short-term tourist accommodation unit, with proven profitability and consistent demand throughout the year, thanks to its location next to Rua Candido dos Reis - one of the busiest and most touristic points in the region.
Advantages for Investors:
Property in an ARU area - access to tax incentives and municipal support
High potential for asset appreciation
Estimated profitability above the average of the traditional local accommodation market
Strong attractiveness for national and international tourism
Consolidated urban surroundings with restaurants, commerce and leisure
The proximity to the ferry to Lisbon, combined with the historic charm of Cacilhas and the strong tourist dynamics of the area, makes this investment an excellent opportunity for investors looking for passive income, portfolio diversification and real estate appreciation in the medium term.
Energy Rating: C
