$4,153,049

Urban Building In Full Ownership — Central Almada

  • 18,299 Sqft
  • 4,629 Sqft lot
  • Updated: July 11
  • 3
    Views for last 30 days

About the Property

Income-generating and redevelopment urban building, held in full ownership, located in the heart of Almada. Eleven independent units distributed across six floors, with unobstructed views of the Tagus River from the 3rd floor upwards, a highly valued feature in a market with strong demand.
Property Features
Land area: 428.73 m² | Building footprint: 265.00 m²
Ground floor with covered and
Income-generating and redevelopment urban building, held in full ownership, located in the heart of Almada. Eleven independent units distributed across six floors, with unobstructed views of the Tagus River from the 3rd floor upwards, a highly valued feature in a market with strong demand.
Property Features
Land area: 428.73 m² | Building footprint: 265.00 m²
Ground floor with covered and enclosed garage
8 units (1st to 4th floors): 114.58 m² + 18.45 m² ancillary area each
2 units on the 5th floor: 73.56 m² each
Masonry construction | Registered since 1987
Full Ownership. Complete Control.
No condominium. No owners’ association. No management restrictions. The purchaser has complete freedom to renovate, lease, reposition or redevelop the building according to their investment strategy.
Occupancy and Progressive Vacant Possession
The building currently has only three tenants. Two units will become vacant in the short term, in December 2025 and March 2026. Only one lifetime tenant will remain. Immediate cash flow with progressive flexibility for asset repositioning.
Condition
Some units have already been renovated and are ready to generate income, while others offer significant value-add potential through refurbishment. The ideal combination of immediate returns and medium-term capital appreciation.
Location
Central Almada. Public transport nearby. Public parking facility of approximately 500 m² less than 500 metres away. Established area with continuous appreciation within the Lisbon Metropolitan Area.
An opportunity aimed at investors, developers and construction companies with a strategic vision.
  • Property type

    House

  • Year built

    1981

  • Price/sqft

    $226

Features

Features

Lot

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Outdoor

Explore the Area

Rua Dom Sancho I 6, Almada, Cova da Piedade, Pragal e Cacilhas, Setubal, Portugal View on Google Maps
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CENTURY 21 Home Vintage

Joined 4 years ago
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CENTURY 21 Home Vintage
Portugal
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16
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2022
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CENTURY 21 Home Vintage
Portugal
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Last updated
July 11
First listed
Jul 11
Listing reference
C0475-00586
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