I am pleased to present a unique opportunity in the heart of Sintra.
This is a building under full ownership with a privileged location, situated at Rua Dr. Almada Guerra 2710-417 Sintra, which is currently ready for renovation with enormous potential.
This building, consisting of four independent fractions, with an area of 302m², also offers the possibility of expanding the private area by up to 84m², subject to submission of a project to the Sintra Municipal Council (conversion of the garage into housing - adding 14m2 more and also, an attic utilization of at least 70m2).
The options for this property are vast, allowing for adaptation ranging from Local Accommodation, long-term rental, rooms for individuals or students, or even a complete renovation for resale. The choice is entirely in the hands of the buyer.
The renovation is eligible for state support in its recovery and requalification, provided that the established criteria are met. The building is located within the ARU (Urban Rehabilitation Area).
This represents an exclusive investment and rehabilitation opportunity that cannot be ignored!
Please do not hesitate to contact us for additional information or to schedule a visit to the building!
Garage: 14m2 Gross Building Area (vacant)
Ground floor: 84 m2 Gross Building Area + backyard (tenant occupied)
1st floor: 102 m2 Gross Building Area (vacant)
2nd floor: 102 m2 Gross Building Area (vacant)
Partially vacant, there is a tenant on the ground floor aged 84, which does not affect the structural works but rather the return on investment in relation to the square meters in question. Pays a rent of €175.
Garage adaptable to housing and attic utilization on the 2nd floor possible for expansion.
We are open to collaboration with all real estate agencies/professionals with a valid AMI license on a 50%/50% basis.