Unique Investment Opportunity - Cândido dos Reis Street, Cacilhas

Almada
Building • 10 bath. • 5974 sq ft (555 m²) • ref: 1209-2221
$940,189
Explore an unparalleled investment opportunity on the prestigious Cândido dos Reis Street in Cacilhas.This is an invitation for builders and investors seeking a property with great appreciation potential.The existing building, with 8 housing units and 3 commercial units, has everything to become a standout residential development, from luxury apartments to commercial spaces; the possibilities are endless.With a strategic location steeped in history, Cândido dos Reis Street is known for its vibrant atmosphere, full of local shops, restaurants, and entertainment venues that offer a unique experience to those who pass through daily.The detailed plan from the Municipal Council highlights this plot, with a total area of 1044m2, as a strategic area for housing development.Currently, there are 10 leased units (both commercial and residential), generating a monthly income of 2,900.00 euros.Do not miss this opportunity to make your mark in the real estate market of Cacilhas. This is the time to build a solid future and ensure a secure return on your investment.

Spaces

Bathrooms10

Surfaces

Living area5974 sq ft (555 m²)
Land11238 sq ft (1044 m²)
Total7029 sq ft (653 m²)

Almada

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Energy efficiency rating
E