€200,000

House for sale Vila Nova de Gaia
Property photo number 1 of 16 Photos for Property. File 94669321_2345_d60d9f3259c8521cd6accd52eedb88cc.jpeg

Overview

SUMMARY: Discover an opportunity with this Vila Nova de Gaia house for sale and available for €200,000. This could be your next ideal home or a smart investment. More details await.

**House with 5 Independent Units in Canidelo - Vila Nova de Gaia** Excellent investment opportunity in Canidelo, Vila Nova de Gaia, just 1.3 km from the beach. This two-storey property comprises 5 independent units, all with separate entrances, furnished

and offering different possibilities for either investment or own use. Currently, **4 of the 5 units are rented**. Three of the units have **old, lifetime rental contracts, with rents of around €50 per month**, considerably below current market levels and potentially subject to a slight adjustment, within the applicable legal framework. The fourth unit was **recently rented for €700 per month**, demonstrating the current rental potential of this type of unit and location. **Only one unit remains available:** a T2 on the first floor, which can be used as a private residence or rented out, allowing for an increase in the property's overall rental income. **Property layout:** Unit 1 (Ground Floor) - independent entrance, terrace and storage area. Currently rented. Unit 2 (First Floor) - T1. Currently rented. Unit 3 (First Floor) - T2. Available for rental or own use. Unit 4 (Ground Floor) - independent entrance. Currently rented. Unit 5 (Ground Floor) - independent entrance. Currently rented. The first-floor units already have **double-glazed windows**. The property also stands out for its natural light, practical layout and the possibility of using the different units independently. **Investment highlights:** 4 of the 5 units currently rented 3 old, lifetime rental contracts, with rents of around €50 per month Potential for a slight rental adjustment, within the applicable legal framework One unit recently rented for €700/month Only one T2 remains available Possibility of using the available unit as a private residence or renting it out Prime location, just 1.3 km from Canidelo beach Potential to increase the property's overall rental income An interesting solution for investors looking for **existing rental income combined with future income growth potential**, in an increasingly sought-after location close to the sea. Due to its configuration, the property can also be an interesting solution for a family wishing to maintain separate living spaces, using the T2 as their own home while benefiting from the rental income generated by the remaining units. **MetaHome - Luxury Real Estate** We are committed to achieving each client's objectives through personalised support. **Your home with a view of the future.** AMI Licence No. 21080. Energy Rating: F #ref:MH2536 - MH2536 - METAHOME - Luxury Real Estate

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Details

  • Beds: 5
  • Baths: 5
  • Price: €200,000
  • Reference No.: 134104740
  • Area: 158 m2

Location

Marketed by:

  • METAHOME - Luxury Real Estate
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