Building with Approved Project for 8 Apartments

€900,000

15 Rooms
7 Bedrooms
6 Bathrooms
~332 m² Total surface

Description

Welcome to the heart of the historic center of Braga, where tradition meets this magnificent landmark building in the city. Located in one of the most picturesque and vibrant areas of Braga, this imposing building combines historical charm with modern times. This building, for renovation, is the perfect setting to turn a dream into reality. The building area is ready to be transformed: there is currently an approved project for 8 Apartments (2 Studios; 5 One-Bedroom Apartaments and 1 Two-bedroom Apartment). You may also have the creative freedom to remodel this space, transforming it into an exclusive unique residence, sophisticated commercial spaces or a cultural enterprise for the city. The possibilities are endless. The privileged location, in the historic center of Braga, guarantees a solid foundation for any future project. It enjoys an excellent connection to tourist attractions, restaurants, shops and public transport, meaning it captures a wide range of target audiences. The Campo da Vinha car park is next to this building, a factor of great relevance for anyone wanting to invest in this landmark property in the city of Braga. This building can be sold separately: the sale of the ground floor that includes the pastry and the business in full operation, and the sale of the first floor with an approved project for 8 apartments. If you choose to buy the property in full, the pastry can pay a monthly rent and the apartments can be managed for rent or even for sale. The value of the upper floor, which is vacant and has an approved project for 8 apartments, is €1,100,000. The value of the lower part of the property that includes the confectionery business is €1,500,000. Contact us and we will be happy to accompany you on a visit and provide support in the process of acquiring your future investment.

Features

BalconyAttic

Engel & Völkers Minho

+351 253 070 478

Your advisor: Sofia Bastos

Property ID: W-02W6JL

Location: Braga, Braga

A few steps away you can find various services such as: supermarkets, post office, public and private hospital, daycare centers, primary and secondary schools, shopping centers, among others. Braga is a city of enormous beauty and rich heritage. Despite being the oldest city in Portugal, over 2000 years old, it has a young spirit and tradition and innovation go hand in hand, making Braga a very dynamic city. It is located 20 minutes from Guimarães, 40 minutes from the International Airport and 45 minutes from the city of Porto.

Commission details

Fees of any kind, as well as notary and registration fees will have to be paid by the buyer; the commission to the broker will have to be paid by the seller, as stipulated by Portuguese law. The availability of the property will be to be agreed upon. All material is based on information which we consider reliable but, because it has been supplied to us by third parties, we cannot guarantee that it is correct or complete at all times and no liability can be accepted for this. This offer is subject to errors, omissions, change in price or withdrawal without notice, without any liability to us.