APP Real Estate
For sale

📍 Alcabideche, Lisbon, Portugal

Building for Sale in Alcabideche - Lisbon - Portugal

€1,200,000

Overview
  • Size: 549.57 m²
  • Price: €1,200,000
Description

Mixed-Use Building | Premium Opportunity for Investors | Strategic Location Estoril A rare investment opportunity in a mixed-use building held in full ownership (not divided into condominium units), located in a strategic spot, in an established area with strong residential and tourist demand. The property sits on a 1,000 m² plot, with 549 m² of construction area, and comprises a house with several annexes and a yard, divided between a residential component and a commercial area. The commercial unit is currently rented out, providing immediate income (the lease ends in October/26).

In the residential component, the building includes several units, namely: a basement, ground floor left and right, 1st floor left and right and an annex, and, on the commercial side, an annex currently used as a restaurant. Of these units, some are rented, while others will be vacant at the time of the sale/deed, allowing the owner to manage the balance with continued rental income.

The property needs renovation, representing a clear opportunity to create value through refurbishment, repositioning and optimisation of the residential/commercial mix, in one of the most sought-after areas of the Cascais coast. The location benefits from immediate proximity to local shops, services, the hospital, schools, public transport and excellent road links, offering particularly attractive conditions for medium- and long-term asset investment, rental operation or a real estate value-enhancement project.

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