Investment Opportunity: House for Rehabilitation in Casal Novo, Lourinhã
114 000 €
We present a unique real estate investment opportunity in Casal Novo, in the municipality of Lourinhã. This house for rehabilitation is situated in a privileged location, offering immense potential for investors.
With two floors and a total lot area of 177m2, this house has a versatile layout that can be easily transformed into 2 independent apartments. Imagine the possibility of utilizing this structure to create two spacious T2 or T3 apartments, along with a comfortable T1 apartment.
In addition to the 177m2 lot, this property features a generous garage of approximately 61m2, a sunny courtyard of 24.50m2, and a traditional oven house measuring 10.60m2. These additional spaces can be utilized in various ways, such as outdoor leisure areas, storage spaces, or even expanding the apartments.
One of the main advantages of this property is its strategic location.
Now, let's analyze the potential profitability of this investment. Based on current sales prices and considering renovation costs per square meter in the region, investing in this property offers a considerable return opportunity. By creating two T2 apartments and one T1, you can take advantage of the growing demand for properties in this area and generate income through rentals or even the sale of the individual units.
It is important to mention that obtaining a project and licensing is necessary for the conversion into horizontal property, but with the right vision and appropriate investment, you can maximize the potential of this property.
These strategic advantages make this property even more appealing to investors seeking above-average returns. With its proximity to stunning beaches, the A8 highway, and Lisbon Airport, this property offers a perfect combination of convenience, accessibility, and potential for value appreciation.
Opportunities belong to those who seize them, so don't miss out on this one and schedule your visit today.
- Main Electric Board
- Wood Windows
- Storage Room
- Natural Light
- Price: 114 000 €
- Status: Needing Total Refurbishment
- Net area: 136m2
- Gross area: 207m2
- Plot Area: 178m2
- Bedrooms: 3
- Bathrooms: 1
- Construction Year: 1951
- Parking: 3
- Energy Certificate: F
- Reference: C0467-00352