Investment Opportunity with Three Units in São Vicente

€1,155,000
  • 10 Rooms
  • 5 Bedrooms
  • ~280 m² Total surface
  • ~208 m² Living area

Description

Unique opportunity on Rua da Senhora da Graça, in São Vicente, comprising three independent units within the same building: an apartment on the first floor and two commercial spaces on the ground floor.

The approximately 70 m² apartment currently comprises five rooms, two bathrooms and a terrace, benefiting from excellent sun exposure, abundant natural light and double-glazed windows. The property requires finishing and refurbishment works, allowing its layout to be rethought in accordance with the investment project.

On the ground floor, there is a 70 m² shop comprising three rooms and a bathroom, as well as a space currently used for catering, measuring approximately 68 m². Both require refurbishment, allowing for the creation of new commercial spaces adapted to the future owner’s needs.

The diversity of the three units allows different use and investment strategies to be explored, combining a residential component with two commercial uses in the same building.

Located in a traditional area of São Vicente, this property complex represents an opportunity for anyone seeking a real estate project with several possible uses and scope for personalisation, in a location with the character and authenticity of Lisbon’s historic neighbourhoods.

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Engel & Völkers Lisboa MMC

Your advisor: Julia Hermeto

Property ID: W-04B13U

Property details
  • Object type

    Other

  • Rooms

    10

  • Bedrooms

    5

  • Total surface

    ~280 m²

  • Living area

    ~208 m²

Energy efficiency information
  • Energy efficiency class

    B

  • Energy certificate available

    Yes

Location: São Vicente, Lisbon

São Vicente is a neighborhood of old houses, with residents who were born and grew up there, but also with some new young people who seek the center of the city. It is a district that is almost entirely on a hill, thus creating high points with privileged views over the old town and Tagus river. Here, next to the river, we find one of the most pleasant areas of Lisbon, the Cais da Pedra, where are some of the most trendy restaurants in town, frequented by a sophisticated public, either day or night. Here, everything transmits tranquility and well-being.

In this parish are some of the most typical areas of the city such as Sapadores, São Vicente de Fora e Graça, one of the most  beautiful and oldest neighborhoods in the capital. With a curious mixture of cosmopolitanism and rurality,  the area is known and wanted for its viewpoints, where you can enjoy the most beautiful  views over the city. It is also one of the tourist and historical sites of the city with varied  shopping streets with traditional shops. 

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