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Building for Renovation in historical Seixal

Seixal

Seixal

€860,000

Property Description

Building for rehabilitation in the historical centre of Seixal.

Ground floor shop (refurbished and rented for 1.000€) - 138.98m2
1st Floor (for construction) - 138.98m2
2nd Floor (for construction) - 138.98m2
The price per square meter for new apartments in this area has risen a lot in recent years and reaches 3000 euros per square meter, and more.
Estimated construction cost: €300,000

This building is located in the historical area of Seixal right on the waterfront with a spectacular view to Lisbon. In this area there is a demand for accommodation for tourists and it is possible to rent on a short-term basis and achieve excellent returns, also this is an area that is most sought after for rent and purchase among locals due to the proximity to Lisbon, and therefore enjoys a constant and significant increase in prices (buying and renting) every year.
Transport is easily available and it is 5 minutes from the ferry terminal (boat route to Lisbon which takes about 20 minutes), Everything else is within walking distance - Local shops, restaurants, schools, green spaces, amusement parks and bike path.

Property Details

Price: €860,000
Size: Built-416.94m2, Land-138.88m2
Price per m2: €2067

Extras

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