Engel & Völkers
Exterior view of a multi-story apartment building with peach and tan facade, parked cars, and blue sky with clouds.

Investment opportunity | Property with potential for conversion into a 2-bedroom apartment

€200,000
  • 3 Rooms
  • 2 Bedrooms
  • 1 Bathrooms
  • ~97 m² Total surface
  • ~97 m² Living area

Description

Pendão, Queluz – Sintra | Lisbon Metropolitan Area Located in Pendão, Queluz, this property presents a rare opportunity for discerning buyers seeking a strategic investment or a future residential home in the Lisbon Metropolitan Area. Originally licensed for office use, the unit has been thoughtfully adapted with 2 rooms with flexibitily layout and generous areas one with 15m2 and the other with 20m2, offering excellent natural light, generous proportions, and a well-balanced floor plan that supports both comfort and long-term value creation. Interior Layout - Two versatile rooms, easily adaptable for residential living, home office, or mixed-use purposes - Spacious and light-filled living area with 34m2, ideal for creating an inviting social and leisure space - Fully equipped kitchen, designed for practical day-to-day use - Functional and flexible layout, allowing for customization and optimization during the legalization process Legal Framework The property is currently without a residential use license. A change of use and license update is required through the local municipality. Once regularized, the asset offers strong potential for appreciation, particularly given its location and layout. A Refined Opportunity - This is a distinctive offering in Pendão, ideal for: - Buyers seeking a value-add investment in Greater Lisbon - Clients planning a future private residence after legalization - Investors focused on long-term capital growth in a well-connected urban area Combining location, adaptability, and upside potential, this property stands out as a strategic and refined acquisition.
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Engel & Völkers Sintra

Your advisor: Mafalda Rocha

Property ID: W-0481LV

Property details
  • Object type

    Other

  • Condition

    Very good

  • Rooms

    3

  • Bedrooms

    2

  • Bathrooms

    1

  • Number of Floors

    1

  • Total surface

    ~97 m²

  • Living area

    ~97 m²

  • Usable surface

    ~97 m²

  • Flooring

    Laminate, Parquet

Energy efficiency information
  • Construction year

    1987

  • Energy efficiency class

    B

  • Energy certificate available

    Yes

  • Energy certificate type

    Consumption certificate

Location: Queluz, Lisbon

The property is located in Pendão, a well-established residential and services area close to Queluz and Massamá, within the municipality of Sintra, approximately 15 km from Lisbon city center. The area offers a good quality of life, combining a residential setting with everyday convenience. It is well served by public transportation, local shops, schools, healthcare services, and efficient road connections, making it suitable for permanent residence, daily commuting, or long-term investment within the Lisbon Metropolitan Area.

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Engel & Völkers Sintra

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