Description
This unique property offers a rare investment opportunity, with 2 T2 apartments, 2 T2+2 apartments and 1 T1 flat, plus a commercial space with access to the street. With an estimated rental income of €10,000+ per month, it's ideal for generating solid returns just like this one, or even more so with a redevelopment project.
Property Highlights:
Historic building: Formerly one of the first bakeries in Costa da Caparica, it still houses the original ovens.
Location: just a 2-minute walk from the beach.
Versatility: Opportunity to renovate and create a hostel or B&B, or even to take advantage of the plot and create 3-4 independent houses with separate entrances.
The coastal area of Caparica is known for its surf culture, vibrant local cuisine (especially fresh seafood) and traditional fishing heritage, making it a magnet for tourists and surfers alike.
Current rental information:
Occupancy: All apartments (except two) and the shop, are currently rented.
Contracts: The apartments have 1-year renewable leases, in different phases, while the store has a 3-year contract currently halfway through. After purchase, these contracts must be honoured until maturity, but may not be renewed afterwards.
Don't miss this opportunity to invest in one of the most iconic seaside locations in Portugal. Contact us today for more detailed information about this exceptional property and its business potential!
Energy Rating: D
