Warehouse in Sintra with 203 m²

Investment Property | Potential for 12 Bedrooms | Monte Abraão

€199,000 | Approx. 180 sqm | Potential rental income of over €5,000/month

An attractive opportunity for investors looking for a property with strong potential in the room rental market, in an established location with excellent access to shops, services and public transport.

Located on Rua Ruy Gameiro, Monte Abraão, this property offers approximately 180 sqm and is currently configured with 12 bedrooms and 4 bathrooms.

The property requires renovation and is currently registered for warehouse/industrial use.

Key Features

• Approximately 180 sqm
• Current layout: 12 bedrooms and 4 bathrooms
• Previous rental income of over €5,000/month
• Potential for room rentals / shared accommodation
• Property requiring renovation
  

Based on a monthly rental income of approximately €5,000, the property offers a potential gross annual yield of over 30% on the purchase price, before taxes, acquisition costs, renovation works, operating expenses and potential vacancy periods.

A particularly attractive opportunity for investors looking to maximise rental income per square metre through a renovation and subsequent rental project.

Contact me to arrange a viewing, access the available information and assess the full potential of this investment opportunity.

Note: The property is currently registered for warehouse/industrial use. Any change of use, building works or future configuration will be subject to the applicable legal procedures and approvals.