Building | 5 Apartments | Fânzeres | Leased

This is a robust investment asset, ideal for those seeking immediate income and high potential for capital appreciation upon completion of the documentation process.

Investment Building in Fânzeres: Monthly Income of €1,334 📈
We present this full-ownership building, strategically located on Rua Alto de Barreiros, Fânzeres. This property represents an excellent acquisition opportunity for investors looking for a consolidated asset with multiple units already generating returns and an ongoing value-add process.

Composition and Units:
The building consists of 5 independent housing units, complemented by storage areas and a common outdoor space. The current rent distribution totals €1,334.70/month:

Unit 1 (T1): Fully renovated, with an annual contract (Rent: €500).

Unit 2 (T2): Partially renovated, with an annual contract (Rent: €500).

Unit 3 (T1): Annual contract (Rent: €200).

Unit 4 (T2): Tenants aged 74 and 79, life tenancy agreement (Rent: €82.12).

Unit 5 (T1): Tenant aged 82, life tenancy agreement (Rent: €52.28).

Documentary Status and Potential:
The property is currently in the process of obtaining its usage license and establishing horizontal property (individual titles). This is a decisive factor for the investor, as completing this process will allow for the future sale of individual units, significantly increasing the asset’s market value.

Location:
Situated on Rua Alto de Barreiros, the building benefits from a quiet residential environment with quick access to shops, services, and transport in Fânzeres, ensuring a steady occupancy rate.