Apartment T3 for sale in Oliveira de Azeméis

Apartment T3 in Oliveira de Azeméis with 131 m²

Oliveira de Azeméis, Santiago de Riba-Ul, Ul, Macinhata da Seixa e Madail

224 000 €

Buy
id. 126861014-54

131 m²

3

2

D

Description

3-bedroom apartment, currently converted into a 4-bedroom unit, located in the centre of Oliveira de Azeméis, next to Largo Luís de Camões, one of the city’s most central and sought-after areas, surrounded by supermarkets, schools, banks, municipal services, shops and public transport.

This property presents itself as an excellent investment opportunity, particularly suited for room-by-room rental, a model with very high and consistent demand in this location. Its proximity to the Aveiro Norte Higher School (University of Aveiro) and the Higher School of Health of the Red Cross ensures a strong and stable demand from students, interns and young professionals, resulting in high occupancy rates throughout the year.

The conversion from T3 to T4 maximises profitability, increasing the number of rentable units while maintaining functionality, thanks to the apartment’s generous areas.

In terms of return, the current monthly income is around €1,000, corresponding to a gross yield of approximately 5%, with potential for optimisation depending on management strategy, contract duration and tax framework.

The central location reduces reliance on private transport, a key factor for tenants, contributing to lower turnover, income stability and ease of re-letting.

Due to its features, strategic location and academic surroundings, this property represents a safe and solid investment, combining immediate income, strong demand and medium- to long-term capital appreciation potential.

Details

Private Gross Area m²131
Gross Area m²131
Total Lot Size m²- -
Living Area m²131
Bedrooms3
Construction Year1979
Floor2nd Floor
WC/Bathrooms2
ElevatorNo
ParkingNo
Electric Cars ChargingNo

Energetic details

Energy efficiency

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Map

Rooms

Kitchen
Bedroom
Bedroom
Bedroom
Living Room
Credit Simulation
Listing Price
224 000 €
30 years
Monthly Payment (*)
0

(*) The monthly installment indicated corresponds to a reference value, based on a variable rate (6-month Euribor), not dispensing with a more complete and detailed financial analysis! The information resulting from these simulations is merely indicative, with the purpose of providing guidance on the estimated cost, according to the data indicated by the user. Each financial entity has its own policies and financing conditions, and are not bound by the results of this simulation.