APP Real Estate
For sale

📍 Almada, Setúbal, Portugal

Prédio à Venda em Almada - Setúbal - Portugal

€498,500

Overview
  • Size: 163 m²
  • Price: €498,500
Description

Freehold house with a gross private area of 230 m², set on a 279 m² plot, comprising a ground floor and first floor, both for independent use, situated in the centre of Cova da Piedade, one of Almada's most sought-after areas. Each floor has 2 bedrooms, a lounge, kitchen, bathroom and pantry, allowing two separate units to be created — ideal for generating two income streams through traditional rental or short-term accommodation. The property also has an attic with conversion potential, as well as a garage and annexe with a total area of 88 m², which can be converted into studios, offices or ancillary spaces, increasing its income potential. It also has a 159 m² courtyard, offering multiple opportunities to add value: an extension, shared outdoor area, leisure area or additional parking. The location is one of this property's main strengths — close to the market, transport, shops, cafés and services, in an area undergoing significant regeneration and with growing demand for both homes and rental properties. 🔧 Requires complete renovation but offers enormous potential for appreciation following refurbishment. 👉 An excellent opportunity for investors looking to renovate and generat

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