$1,499,276

Prédio >T10+1 For Sale In Almada

  • 15 Beds
  • 9 Baths
  • 6,084 Sqft
  • Updated: August 8
  • 1
    Views for last 30 days

About the Property

Building for sale

INVESTMENT OPPORTUNITY: Building for Sale in Almada City Center

Unique building in a strategic location, designed to meet the demands of the current real estate market and future appreciation opportunities.

Located on Rua Dom João IV, one of the most central and established streets in Almada, this fully owned residential building represents an excellent
Building for sale

INVESTMENT OPPORTUNITY: Building for Sale in Almada City Center

Unique building in a strategic location, designed to meet the demands of the current real estate market and future appreciation opportunities.

Located on Rua Dom João IV, one of the most central and established streets in Almada, this fully owned residential building represents an excellent opportunity for investors and real estate developers seeking an asset with high potential for appreciation and profitability.

With the application for Horizontal Property already submitted, the property offers the future owner the possibility to sell individual units after the process is completed, adding flexibility and value to the investment.

The building

Spread over five floors above ground and a basement, the building consists of nine residential units, with a total gross private area of 628.47 m².

Its composition includes:
- 1 three-bedroom apartment with two outdoor spaces – basement at ground floor level;
- 4 two-bedroom apartments;
- 4 one-bedroom apartments.

Most units have balconies, providing excellent natural light, while the top floors enjoy a pleasant view over the Tagus River.

Main features

- Total gross private area of 628.47 m²;
- Total land area of 299.15 m²;
- River view on the upper floors;
- To be renovated to your taste;
- Only two units currently occupied, with one becoming vacant by the end of the year;
- Basement with an uncovered area of 106.25 m², consisting of two outdoor spaces, one at the front and one at the rear of the building;
- Balconies in several units.

An excellent location

Located on Rua Dom João IV, right in the heart of Almada, this building benefits from a well-established urban environment where all kinds of shops, services, schools, supermarkets, restaurants, and public facilities are just minutes away on foot.

The excellent transport network allows quick access to Lisbon via the Metro Sul do Tejo, Cacilhas boats to Cais do Sodré, and the 25 de Abril Bridge, making this location particularly attractive for those wishing to live close to the capital.

Just minutes away are some of the city’s most iconic spots, such as Jardim do Castelo, Miradouro de Boca do Vento, the Cacilhas riverside area, Cristo Rei, and Parque da Paz, places that contribute to the high quality of life in the area and reinforce the growing residential demand.

An investment with a future

The strong urban rehabilitation momentum, growing housing demand, and proximity to Lisbon make Almada one of the most promising real estate markets in the Metropolitan Area.

The possibility of individual unit sales after the Horizontal Property constitution, combined with the privileged location and diverse building typology, makes this property an excellent opportunity for investors seeking a solid asset with high potential for appreciation and profitability.

Contact me today for more information and to schedule your visit!

Information is subject to confirmation and cannot be considered binding.
  • Property type

    Other

  • Year built

    1955

  • Price/sqft

    $246

  • Emissions

    NC

  • Consumption

    NC

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Almada, Cova da Piedade, Pragal e Cacilhas, Setubal, Portugal View on Google Maps
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Vantagem Central

Joined 4 years ago
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Vantagem Central
Lisboa, Portugal
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92
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2022
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Vantagem Central
Lisboa, Lisboa, Portugal
View agency profile
Last updated
August 8
First listed
Aug 8
Listing reference
121961656-113
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