APP Real Estate
For sale

📍 Avenida José Elias Garcia, Queluz, Lisbon, Portugal

Building for Sale in Queluz - Lisbon - Portugal

€2,130,000

Overview
  • Size: 500 m²
  • Price: €2,130,000
Description

BUILDING WITH 10 RESIDENTIAL UNITS + 2 SHOPS | BACKYARD | QUELUZ CENTRE

An opportunity aimed at investors looking to acquire an entire building, fully let and with immediate income. The building is held under full ownership, and it is also possible to apply for horizontal property (separate units) and sell the 12 units individually.

Located on Avenida José Elias Garcia, in Queluz, this building has 12 divisions capable of independent use.

The property consists of 10 residential units and 2 shops, all currently let under one-year contracts, except for one of the apartments, which has a 3-year contract, and which may not be renewed under the applicable contractual and legal terms.

Layout:

  • 2 shops on the ground floor
  • 2 residential units on the ground floor, with backyards (private outdoor areas)
  • 6 apartments spread over the 1st, 2nd and 3rd floors, two per floor
  • 2 residential units in the attic
  • Backyard of 238.75 m²;
  • Building footprint: 152.25 m²;
  • Total plot area: 391 m²;
  • Gross construction area: approximately 648 m².

The building comprises a ground floor, three upper floors and an attic, combining housing, commerce and a large outdoor area.

Full occupancy means income from the moment of purchase. The annual duration of the contracts also provides flexibility for future management or reorganisation of the asset, always in accordance with the existing contracts and the legislation in force.

Its location on one of the main avenues of Queluz ensures proximity to shops, services, transport and all the main everyday amenities.

A proposal offering scale, income and appreciation potential, suited to investors seeking to concentrate several units in a single real estate asset.

Sale of the entire building.

Information on rents, contracts and yield available upon expression of interest.

Note:

The building is not constituted under horizontal property. The unit types and the gross construction area presented are indicative and must be confirmed through the property's documentation and technical records.

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