Investment Opportunity! Refurbished Building In The Historic Center Of Oeiras, 1 Km From The Beach.

FULLY RENOVATED BUILDING IN THE HISTORIC HEART OF OEIRAS

A truly unique investment opportunity in the heart of Oeiras’ Historic Center! A building fully renovated in 2012, boasting architectural distinction, a strategic location (1 km or a 15-minute walk from the beach), and significant potential for transformation.

Situated on a **450 m²** plot, the property currently offers **517 m² of built area** distributed across **2 floors, attic, and basement**, complemented by a spacious **160 m² courtyard** with parking space for **six vehicles**.

The asset is currently leased, with **two ground-floor shops and one first-floor office** in operation under fixed-term contracts, allowing for a combination of **current rental income and future capital appreciation strategies**. The space also offers excellent potential for a student housing business.

**PROPERTY FEATURES:
Originally built in 1944, the building underwent a complete renovation in 2012, including the installation of high-end window frames and double glazing. The property also features:
* alarm system
* Daikin central air conditioning system with 6 outdoor and 17 indoor units (included)
* interior blinds
* 1 solar water heating panel
* electric gate
* video intercom
* fire door.

**FUTURE VISION!
The true standout feature is its **potential for conversion and expansion**. The property offers the possibility of reverting to **residential use**, as well as the potential to expand to approximately **1,050 m² above ground**—subject, of course, to applicable urban planning regulations and approvals. This feature opens the door to various investment strategies—ranging from maintaining the current income stream to developing a larger-scale project—while capitalizing on the growing demand for real estate in one of the most sought-after and well-established areas of the Oeiras corridor.

**A LOCATION THAT UNDERPINS VALUE
Situated in a prime area of ​​Oeiras’ Historic Center, the building combines character and charm with the convenience and central location demanded by today’s market, offering proximity to shops, restaurants, services, public transport, and major road links.

**PROPERTY AREAS:
Ground floor - 89.08 m²
Basement - 20.71 m²
First floor - 190.52 m²
Deck/Balcony - 21.70 m²
Attic (50% with ceiling height under 1.5m) - 34.5 m²
Shop 1 - 74 m²
Shop 2 - 87 m²
Outdoor area/Patio - 160 m²

**AN OPPORTUNITY FOR INVESTORS
Income + Development potential + Location + Operational flexibility. An asset with unique characteristics, designed for investors who recognize the value of acquiring a well-located property that offers current income and real scope for creating further value in the future.

**Information regarding the potential for change of use and expansion is subject to confirmation with the relevant authorities.**

** We offer the Finance 21 service, a department that will help you obtain the best financial conditions for your mortgage. Request more information. We are a registered secured credit intermediary with number 4561 at the Bank of Portugal.