Building with 3 units just 3 mins walking from surfer's beach

540 000 €





324 m2

of area

Building with 3 independent units, which are a store space, a 1 Bedroom apartment, and a 2 bedrooms apartment. It is located in the heart of the city of Ribeira Grande, and just 3 minutes walking from Monte Verde beach, a reference beach for anyone looking to Surf on the island of São Miguel.

Given its location, this is a great business opportunity with a high income potential. The store is currently leased, and it can be kept that way or, in light of the new laws to facilitate more residential units on the market, can be transformed into a residential unit. The 1 Bedroom apartment, on the middle floor, is currently under renovation, and it's sold fully finished with good quality finishes, similar to the ones used on the 2 bedrooms apartment on top. The 2 bedrooms apartment is already finished, is currently rented out with a very interesting monthly rental, and it has ocean views too.

The building has, as well, on its back, 200 sqm / 2100 sqft of backyard space that can be used by only one of the units or shared between them all.

Get in touch to know more about this great business opportunity!

  • Price: 540 000 €
  • Status: Good
  • Gross area: 324m2
  • Plot Area: 306m2
  • Bedrooms: 3
  • Bathrooms: 3
  • Reference: C0276-02091

Schedule Visit

Available dates

LIFEPLAN - Sociedade de Mediação Imobiliária, Lda. AMI: 7597
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