Penafiel House

Property ID: ZMPT589919 INVESTMENT WITH HIGH RENTAL POTENTIAL – PENAFIEL CITY CENTER Excellent investment opportunity in the center of Penafiel, consisting of two independent residences (T2 and T3) and a former garment factory with 499 m² spread over two floors. The property offers high appreciation potential, allowing immediate income through the existing residences while simultaneously providing an excellent opportunity to convert the industrial building. There is potential to create 4 to 6 apartments (subject to feasibility study and municipal approval), alongside the two independent residences already on the lot. Due to its characteristics, size, and location, the former factory can be transformed into multiple housing units, local accommodation, offices, commercial space, warehouse, or a mixed-use housing and services project, making it an excellent opportunity for investors and real estate developers. Located in the center of Penafiel, just 500 meters from the Municipal Stadium, the property benefits from a prime location close to shops, services, schools, and transportation. It is also just minutes from the highway entrance and about 3 km from Novelas Train Station, ensuring excellent connections to Porto and the main urban centers in the region. Main features: - Independent T2 apartment; - Independent T3 apartment; - Former garment factory with 499 m² over 2 floors; - Potential to create 4 to 6 apartments (subject to municipal approval); - Immediate rental income potential through existing residences; - Excellent location in Penafiel city center; - Good road and rail access; - High real estate appreciation potential. A rare opportunity for investors seeking a versatile property with immediate income potential and strong development capacity in one of Penafiel’s most sought-after areas. 3 reasons to buy with Zome + Support With unique preparation and experience in the real estate market, Zome consultants dedicate themselves to providing the best support, guiding you confidently toward your needs and ambitions. From now on, we will build a close relationship and listen carefully to your expectations because your happiness is our priority! It is important that you feel supported and that we are always with you. + Simplicity Zome consultants have unique training in the market, based on sharing practical experience among professionals and strengthened by applied neuroscience knowledge, allowing them to simplify and make your real estate experience more effective. Leave bureaucratic nightmares behind because at Zome you will find full support from an experienced, multidisciplinary team that provides practical assistance in all key aspects, so your real estate experience exceeds expectations. + Happiness Our greatest value is delivering happiness to you! Free yourself from worries and gain the quality time you need to focus on what makes you happiest. We work daily to add more value to your life with reliable advice so that together we can achieve the best results. With Zome, you will never feel lost or unsupported and will find something priceless: your utmost peace of mind! This is how you will feel throughout the entire experience: calm, secure, comfortable, and... HAPPY! Notes: 1. If you are a real estate consultant, this property is available for business sharing. Do not hesitate to present it to your buyer clients and contact us to schedule a visit. 2. For easier identification of this property, please refer to the respective ID ZMPT or the agent who sent you the suggestion.