Building for sale in Fontainhas

Building in Fontainhas with 1 parking space

Cascais e Estoril

1 500 000 €

Buy
id. 127101031-1

396 m²

10

10

E

Description

Property for Investment with High Value-Added Potential | Cascais


Vacant building with 396 sqm of gross private area, set on a 472 sqm plot, with horizontal property ownership to be established as part of the sale, located in an established residential area of Cascais.

Located at Rua de Alvide, no. 207, in Cascais, this property benefits from a privileged location within an established residential setting, with an excellent range of shops, services, public transport and beaches, as well as convenient access to the main road networks.

The property comprises a 3-storey building, set on a 472 sqm plot, with a 172 sqm building footprint and a total gross private area of 396 sqm.

The building will be sold vacant, with the horizontal property regime to be established as part of the sale, representing an attractive opportunity for investors seeking an asset with scale, location and potential for different value-enhancement strategies.
Expansion and Value-Enhancement Potential

One of the property's key distinguishing features is its potential for increased building volume, with the possibility of exploring the addition of up to two further floors.

This possibility is subject to a specific planning and technical assessment and does not, in itself, constitute a guarantee of buildability.

Should the buyer wish to pursue this option, it will be the buyer's sole responsibility to undertake the relevant planning feasibility study, prepare the project and obtain all necessary licences, permits and approvals from the competent authorities.
An Opportunity for Investors

The combination of the property's location, plot size, existing built area, building configuration and value-enhancement potential makes this a particularly interesting investment opportunity.

The property offers scope for different strategies, including the refurbishment and enhancement of the existing building, the future exploitation of the individual units, or, subject to confirmation of planning feasibility, the development of a larger-scale solution.

This is therefore an asset with strong value-creation potential, particularly suited to investors and developers seeking opportunities in an established and highly desirable area of Cascais.
Key Features

  • Location: Rua de Alvide, no. 207, Cascais
  • Building: 3 floors
  • Plot size: 472 sqm
  • Building footprint: 172 sqm
  • Total gross private area: 396 sqm
  • Status: Vacant
  • Horizontal property ownership: To be established as part of the sale
  • Established residential area
  • Close to shops, services, public transport and beaches
  • Convenient access to the main road networks
  • Potential for the study of increased building volume
  • Excellent opportunity for investment, refurbishment and value enhancement
    An Opportunity with Potential in Cascais

A property offering a particularly attractive combination of location, scale and value-enhancement potential, giving the future owner the opportunity to develop an investment strategy tailored to their objectives.

Details

Private Gross Area m²396
Gross Area m²- -
Total Lot Size m²472
Living Area m²336
Bedrooms10
Construction Year1960
Floor- -
WC/Bathrooms10
ElevatorNo
Parking1 Place
Electric Cars ChargingNo

Energetic details

Energy efficiency

Map

Credit Simulation
Listing Price
1 500 000 €
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.