Office Building With Potential For Residential Use | 7,007 M² | Queijas, Oeiras

INVESTMENT OPPORTUNITY | Office Building with 7,007 sqm and Sea View | Oeiras

Located in Linda-a-Pastora, Queijas (Oeiras), just minutes from Greater Lisbon’s main road networks A5, CRIL, CREL, Marginal and A1 and close to the Jamor sports complex, this large office and warehouse building presents a compelling investment opportunity.

With a gross private area of 7,007 sqm distributed across 5 circular-plan floors, the property stands out for its spacious rooms and remarkable layout flexibility. This allows future owners or investors a wide range of architectural and functional solutions.

Its open sea view and excellent solar exposure (east-south-west) provide the ideal conditions for developing a distinctive business center in the Oeiras corridor.

The building can accommodate between 320 and 450 workstations, depending on the desired occupancy density, company profile (corporate, tech, coworking, etc.), and chosen layout (open space, private offices, hot desks).

From an investment perspective, the property offers a potential gross annual income between €60,000 and €75,000, representing a gross yield of over 8.5%.

Since January 2024, under Decree-Law no. 10/2024, it is now possible to convert service-use units (such as offices) into residential use without prior approval from the condominium. Therefore, this business center can also be strategically repositioned as a premium residential development, depending on the investor’s vision.

Key features:

5 above-ground floors with excellent floor areas;

4 elevators, including one panoramic lift;

Private indoor parking (50 spaces) and outdoor parking (30 spaces), offering over 80 total spaces;

Exceptional location with fantastic sea views.

Floor breakdown:

Ground Floor (1,757 sqm):

2 warehouses with external access for loading and unloading (one of the warehouses is currently occupied);

1st Floor (1,593 sqm):

Parking (54 spaces*) and storage;
*Additionally, the unit holds 31 exclusive outdoor parking spaces, complementing the property’s total parking capacity.

2nd Floor (1,585 sqm):

2 office units (one currently occupied);

3rd Floor (1,585 sqm):

2 office units;

4th Floor (1,587 sqm):

2 office units.

Total office area: 4,756 sqm
Total warehouse area: 1,757 sqm
Total private parking area: 1,539 sqm

De Brito Properties is a family-run real estate agency specializing in helping international clients find exceptional properties in Portugal, simplifying and securing every step of the investment and relocation process.

Our international team of 30 consultants supports clients throughout the country. To better serve their needs, we operate from three strategically located offices: in Lisbon, in the Estrela neighborhood; in Azeitão, at the heart of the Arrábida region; and in Almancil, within the prestigious Algarve’s Golden Triangle.
Energy Rating: C
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