Property details
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District
Setúbal -
Province
Almada -
Town
Almada
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Area
303 m²
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Price
1.500.000 € -
Energy Rating
F
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Property code
MM0103 -
Property code
MM0103
Description
Devoluted building, for rehabilitation at the beginning of Rua Cândido dos Reis, with license for use for commerce and housing.
This property with a privileged location, in the main square of Cacilhas, is located at the beginning of the pedestrian street Cândido dos Reis, allowing a breathtaking view over the Tagus River.
Currently consisting of the following fractions:
Store with smoke outlet with 28.95m2
Small shop, formerly a watchmaking, 10m2
Store with smoke outlet with 57.30m2
1 Floor with a fraction 43.40m2 + a fraction of 76.20m2
An attic with about 102m2
Total gross area - 303.00m2
The potential of this property is endless, allows with its rehabilitation, turn it into one of the most iconic properties of this area of the municipality of Almada, which is currently in full evolution.
With a unique location, this is the first building that the flow of Tourists who pilgrim to Cacilhas to visit the famous Cristo Rei meets when you enter the Rua Cândido dos Reis, the main route to the said monument.
The support and interest of local official bodies for the rehabilitation of this particular property, as well as the fact that the rehabilitation works will accompany the expected positive evolution of the economy and the recovery of international tourism after the pandemic, give this project the perfect timing for its development, with sustained growth expected over the first years of it.
If you are looking for a charismatic project, you will find in this property the perfect challenge for your investment.
Forget Marvila, forget the Royal Prince or Bairro Alto and take note: Cacilhas is the area to take into account.'
Central Lisbon is a central group company, a true 'One Stop Shop' of real estate in Portugal, directed to ensure all needs related to a real estate investment credit intermediation*, real estate management, local accommodation, refurbishment works, conciergerie, insurance management and consulting services.
* Maxfinance Central is a trademark of Gerex Lda, a credit intermediary registered and authorized by Banco de Portugal with the number 0003907.
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