Overview
- Size: 1138.1 m²
- Price: €1,050,000
Description
INVESTMENT OPPORTUNITY:
BUILDING IN CONCHADA, COIMBRA
A unique real estate asset in Coimbra. A building under horizontal property (separate units) with 1.138 m² of gross construction area, ideal for investors seeking to maximise returns in an expanding market.
- STRATEGIC LOCATION
Located in a true mobility "hub", this property offers walking access to the Train Station and the Rede Expressos coach network. Its central position guarantees direct access to the University Hospitals (HUC), the University Campuses and the Baixa of Coimbra.
PROFITABILITY SCENARIOS
This asset offers total flexibility of strategy:
1⃣ Scenario 1: Income (Yield) Focused on the rental/Co-living market.
- Potential for 29 Units/Rooms.
- Projected Gross Yield: 8,7%.
- Estimated Annual Revenue: 139.200€.
- Target audience: Students and Healthcare Professionals.
2⃣ Scenario 2: Premium Refurbishment and Resale Conversion into large apartments (T4/T5/T6) – a scarce product in the city centre.
- Creation of exclusive units (2 T6, 1 T5 and 1 T5 Duplex).
- Resale value in the area for new/refurbished product between 3.100€ and 3.500€/m².
- Possibility of creating parking and installing a lift for luxury positioning.
PROPERTY DETAILS
- Total Land Area: 517 m²
- Gross Private Area: 781,40 m²
- Current status: 4 Autonomous Units
- Existing layouts: T6, T5 and T5 Duplex
- TAX BENEFITS (ARU Zone)
Optimise your investment with significant tax incentives:
- VAT at 6% on refurbishment.
- IMT (property transfer tax) exemption on acquisition.
- IMI (municipal property tax) exemption (3 to 8 years).
- Access to IFRRU 2020 financing.
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