Multi family for sale

Overview

Investment opportunity - Building with great potential in Santo André, Barreiro.

The building is currently in full ownership, consisting of two floors with two apartments per floor.

- FLOOR 0: two 2 bedroom apartments with an area of 57m2 and patio;

- FLOOR 1: two 2 bedroom apartments with an area of 57m2.

All apartments are rented, one with a lifetime rent (tenants are over 85 years old).
The current yield of the building is 4.7%/year.

There are also 3 vacant storage rooms that can be rehabilitated for monetisation.

The PDM of the zone allows for the construction of two more floors.

It is located close to schools, green spaces, pharmacy, supermarkets, public transport, restaurants, as well as public services.

Construction area 309 m2
Plot size 430 m2

The Coldwell Banker brand:
We fulfil the same dream all over the world - To put the client's interests above all others! This has been our purpose for more than a century.
This is the culture that defines us as a company and defines all the people who are part of our network.
Our mission will never change: to work ethically and honestly, fulfilling the desires and needs of all those we serve, and to accompany the delivery of this treasure - your Home.