- Bedrooms: 2
- Bathrooms: 1
- Size: 80 m²
- Price: €300,000
Where the "Jogo da Bola" meets the Sea.
If you know Ericeira, you know there are streets, and then there is THE STREET.
I am presenting you with an opportunity that arises once a decade: a 2-bedroom apartment located on the main artery that connects the social heart of the village — the Largo do Jogo da Bola — to the balcony overlooking the Atlantic, the Ribas.
THE LOCATION:
The "KM 0" OF VALUE
In luxury real estate, we say "you buy what you cannot build." More streets cannot be built in the historic center of Ericeira.
Walkscore 100/100:
Forget the car. You are steps away from the best restaurants, fresh fish, surf boutiques, and of course, the waves that make this village the only World Surfing Reserve in Europe.
Enviable and Irreplaceable:
Those who invest here don't just buy a property; they buy a piece of the village's history.
THE PROJECT:
THE BLANK CANVAS FOR YOUR PROFIT
This apartment is for those with vision. Currently in need of a total renovation, it offers the competitive advantage of not having to pay for someone else's taste.
Walls with Potential:
The structure is there, the soul too. All that's missing is your project.
Smart Investment:
With an acquisition value of €300,000 and an estimated renovation cost of €50,000, your final cost will be well below the market value of a ready-to-live-in property in this area.
Details:
Space for a modern open-plan kitchen, a contemporary bathroom, and two bright bedrooms.
WHY NOW?
Ericeira is not just a summer destination; it is today a global hub for digital nomads, elite surfers, and families seeking quality of life.
Protected Asset:
Properties in the historic center of Ericeira are like gold — they don't depreciate, they only become scarce.
Double Profitability:
Perfect for a quick resale with a profit margin (Fix & Flip) or for a premium rental market (short or medium term).
OPPORTUNITY VALUE:
€300,000
STATUS:
For rehabilitation
LOCATION:
Historic Center, Ericeira
My professional advice? Apartments on this street don't stay on the portals for long. What today seems like a construction project will tomorrow be the most desired asset in your portfolio.
It is indeed a real estate "gem"!
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