1 100 000 €
590 m²
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Building for sale in Sintra
Sintra (Santa Maria e São Miguel, São Martinho e São Pedro de Penaferrim)
590 m²
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PROPERTY IN SINTRA | INVESTMENT AND CAPITAL APPRECIATION
POTENTIAL | CLOSE TO THE HISTORIC CENTRE
An investment opportunity in a prime location in Sintra
Located in Chão de Meninos, Sintra, this property benefits from a strategic
location, close to Sintra's historic centre and with convenient access to
Cascais, Lisbon and Humberto Delgado Airport, facilitating daily travel and
providing connections to the region's main urban centres.
With a total land area of 3,880 sqm, divided into
two separate land registry entries, the property offers attractive features for
investors seeking an asset with capital appreciation potential.
The existence of two separate land registry entries and the possibility of
subdividing the land, subject to confirmation and approval by the relevant
authorities, may offer different development opportunities, in accordance with
the applicable urban planning regulations.
One of the property's distinguishing features is its location within an Urban
Rehabilitation Area (ARU), which may qualify it for incentives
and benefits associated with urban rehabilitation, subject to compliance with
the applicable legal and tax requirements.
One of the land registry entries includes a building held under single
ownership, comprising the following units:
· Basement – T1
(one-bedroom apartment): Vacant.
· Ground Floor – T3
(three-bedroom apartment): Currently rented, with the lease
expiring in June 2027.
· First Floor – T3
(three-bedroom apartment): Subject to a lifetime tenancy
agreement.
PLEASE NOTE: There is also a separate garage and
a small T1 building that is not licensed. Any possibility of legalization, use
or reconstruction must be confirmed in advance with Sintra City Council (Câmara
Municipal de Sintra).
Don't miss this investment opportunity!
Energetic details