APP Real Estate
For sale

📍 Santo António dos Olivais, Coimbra, Portugal

6 Bedroom Apartment in Need of Renovation for Sale in Coimbra - Portugal

€320,000

Overview
  • Bedrooms: 6
  • Bathrooms: 2
  • Size: 242.4 m²
  • Price: €320,000
Description

We present a rare opportunity in the Coimbra market, located in the strategic area of ​​Conchada. This is an independent fraction in a Horizontal Property building, specifically designed for investors looking to maximize their cash-flow or carry out a Fix & Flip project. Exceptional Financial Highlights: •⁠ ⁠Total Exemption from IMT •⁠ ⁠VAT at 6% on Works •⁠ ⁠Estimated Yield: Greater than 9% gross (Coliving Model/Rental per room). Fraction Characteristics: •⁠ ⁠Income Potential: 7 Income Units (Quarters). •⁠ ⁠Total Area: 243 m² of gross area. •⁠ ⁠Extra Space: Includes private basement/storage room, ideal for logistical support for the rental. •⁠ ⁠Location: Area with high demand for students and young professionals (close to HUC and downtown Coimbra). ⁠ Available Values per Fraction: •⁠ ⁠Fraction A (R/C + Basement Storage | 7 Units): €320,000 •⁠ ⁠Fraction B (1st Floor + Basement Storage | 7 Units): €320,000 •⁠ ⁠Fraction C (2nd Floor + Basement Storage | 6 Units): €315,000 •⁠ ⁠Fraction D (3rd Floor Duplex + Basement Storage | 8 Units): €350,000 Don't miss the opportunity to acquire an asset with protection against inflation and direct tax benefits.

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