€990,000

Investment opportunity in Carcavelos, one of the most sought-after locations on the Cascais coastline. This building benefits from a strategic location, just 400 meters from Carcavelos train station and approximately 1.5 km from the beach, combining proximity to the sea, quick access to Lisbon, and strong residential and tourist demand throughout the year. The property is held under full ownership, fully renovated and currently operating as a licensed short-term rental accommodation, ensuring immediate income and an estimated annual yield of around 7%. It consists of three independent units: a one-bedroom apartment with 25 sqm, a two-bedroom apartment with 53 sqm, and a three-bedroom apartment with 78 sqm, totaling 156 sqm of gross construction area on a 168 sqm plot. The surrounding area stands out for its excellent quality of life and convenience, offering nearby shops, supermarkets, restaurants, services, international schools, and quick access to both the Marginal coastal road and the A5 motorway. Located in an area with strong appreciation potential and high demand for short and mid-term rentals, this property represents an ideal solution for investors seeking immediate cash flow, a turnkey income-generating asset, and long-term capital appreciation. Energy Rating: D #ref:SC03 - SC03 - Encanto Real Estate