Engel & Völkers

Mixed-use building in a prime location

€750,000
  • 3 Rooms
  • 2 Bedrooms
  • 2 Bathrooms
  • 219 m² Living area
  • 132 m² Plot surface

Description

In the most central area of Algés, behind the market, comes this mixed-use building comprising ground floor, first floor and second floor. A very interesting investment opportunity. The building can go up two more floors and also has a yard at the back. Situated in an area with all the services around, it needs remodelling, offering an investment opportunity that will have its profitability guaranteed in a future sale. It currently has 2 leases in force which expire in 1 year's time, so there's no resistance to refurbishing it and then selling it or making it profitable. The area is in high demand and the value of the building after renovation, even without adding floors, will certainly be much higher. Pay a visit and realise the potential of this great opportunity.

engel & völkers shop image

Engel & Völkers Lisboa MMC

Your advisor: Joao Mendes

Property ID: W-02W8T7

Property details

Object type

Investment

Rooms

3

Bedrooms

2

Bathrooms

2

Number of Floors

2

Living area

219 m²

Plot surface

132 m²

Energy efficiency information

Energy certificate available

Yes

Energy certificate type

Consumption certificate

Location: Algés, Lisbon

Algés, located in the riverside area and part of the Oeiras municipality, offers a full range of amenities. You'll find schools, markets, shops, public services, and more all within reach. With access to all modes of transportation and major roadways, it is one of the most sought-after areas to live.

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Your shop

Engel & Völkers Lisboa MMC

engel & völkers shop image

Provider:

EV MMC PORTUGAL - Mediação Imobiliária, Unipessoal Lda - AMI 15208

Commission details

Availability upon agreement. This material is based upon information which we consider reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete and it should not be relied upon as such. This offering is subject to errors, omissions, change of price or withdrawal without notice. Taxes, notary and registry fees must be paid by purchaser, the commission by the seller as stipulated by Portuguese regulations.

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