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€ 998,000

Luxury apartment complex for sale in Caldas da Rainha, Portugal

€ 998,000
742 m²

Description

Investment Property – Foz do Arelho, Silver Coast

Excellent investment opportunity in the picturesque village of Foz do Arelho, one of the most sought-after destinations on Portugal’s Silver Coast, perfectly located between the Atlantic Ocean and the stunning Óbidos Lagoon.

This freehold building, constructed in 1982, consists of two floors with independent-use units, offering great income potential and flexibility of use.

Property Composition
•Ground floor: 1 commercial space and 1 two-bedroom apartment;
•Upper floors (2): 10 studio apartments (T0).

At present, all apartments are rented, ensuring immediate rental income.

Several units are in good overall condition, while others would benefit from cosmetic upgrades, such as:
•Modernisation of kitchens and bathrooms;
•Replacement of flooring and window frames;
•Interior and exterior painting;
•Improvements to energy efficiency and thermal comfort.

These improvements would significantly enhance the property’s appearance and value, making it even more attractive for long-term rentals or short-term tourist accommodation.

Prime Location
Located in the heart of Foz do Arelho, the property is within walking distance of all amenities, including shops, cafés, restaurants, and public transport, and just minutes from the Atlantic beach and the famous Óbidos Lagoon — one of the most iconic landscapes of the Silver Coast.

With a history deeply connected to the sea and the lagoon, Foz do Arelho evolved from a small fishing village into a renowned seaside resort, once frequented by the Portuguese aristocracy, and today a modern yet authentic destination that combines tradition, nature, and quality of life.

The area is also highly sought after for its natural beauty and range of outdoor activities, especially water sports such as windsurfing, kitesurfing, sailing, paddleboarding, and kayaking, attracting both national and international visitors year-round.

An Investment with Income and Potential

With steady rental income, strong appreciation potential, and a prime location, this building represents an excellent opportunity for investors seeking to enter or expand in the Silver Coast property market — whether to maintain the current rentals, modernise to boost returns, or develop for short-term accommodation.

* All information provided is non-binding and subject to confirmation with the broker and review of the property’s official documentation.

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Details

Size:
742 m²
Reference:
25050

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Position

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