Fully Renovated Commercial & Services Building in the Historic Centre of Oeiras
📍 Rua Cândido dos Reis 27 & Avenida dos Aliados 19
An excellent investment opportunity in the heart of Oeiras: a fully renovated commercial and services building, ideally located in the charming historic centre, surrounded by vibrant retail, dining, and service areas.
The property offers a total built area of 517 sqm, spread over three floors plus an attic, set on a 450 sqm plot. It also includes a 160 sqm private courtyard with parking for six vehicles.
Currently generating income, the building is leased under fixed-term contracts and comprises:
- 2 Retail shops
- Office (currently a clinic)
In addition to its current rental income, the property presents significant value-add potential, with the possibility of being converted back to residential use and expanded up to 1,050 sqm above ground, subject to planning approval.
Strategic Location:
- 20 minutes from Lisbon
- 15 minutes from Cascais
- Just minutes from Santo Amaro de Oeiras beach
- Close to Oeiras Parque shopping centre
- Excellent road connections (A5 and coastal road) and well served by public transport
This is a rare opportunity for investors seeking both immediate rental yield and long-term development potential in one of the most desirable areas of Greater Lisbon.