Building in Odivelas with 3+ parking spaces

Building located 10 minutes' walk from Sr. Roubado metro station.

It consists of three independent flats, all rented out, and a large enclosed garage with a disused toilet.

Each property has its own outdoor space.

The ground floors are original and need to be updated. They are both one-bedroom flats with an interior bedroom, a patio in front of the flat and an enclosed sunroom.

The first floor is in good condition. It has three bedrooms with balconies, a double living room, kitchen, sunroom, and bathroom. At the entrance to the flat, there is a large and pleasant terrace above the garage. There is access to the attic* from the first floor, which offers the possibility of increasing the number of bedrooms.

There is the possibility of leaving the first floor vacant and increasing the profitability of the investment. Currently, the profitability is 5.3%, with an annual return of €17,400.

BUILDING WITHOUT LICENCE FROM THE MUNICIPAL COUNCIL 

*Attic not registered in the official documentation.