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€490,000
This property was selected and recommended by Porameta for its valuable investors. Acquire a diversified, income-producing real estate asset in Olival de Basto, Odivelas, comprising three commercial premises and four residential units within a single building. All seven units are currently reported as rented, generating a combined annual rental income of €26,100, equivalent to approximately €2,175 per month and a gross rental yield of around 5.3% based on the asking price. The property offers 256 m² of gross private area on a 402 m² plot, including a 256 m² building footprint and 146 m² of uncovered space. Its commercial component consists of premises currently used for carpentry, mobile phone retail, and a mini-market, complemented by four ground-floor residential units. This combination provides exposure to different tenant types and rental uses within one investment property. Located in Vila Amália, Olival de Basto, the building benefits from an established urban setting with access to local services, road connections, and public transport links toward Lisbon. Investors may also investigate the feasibility of reorganizing the property into horizontal ownership, subject to verification of title, registration, planning compliance, technical feasibility, and the necessary approvals. An opportunity for investors seeking existing rental income with potential for future asset optimization, subject to thorough legal and financial due diligence. This property was listed by Andreia Villar | KW Ábaco as the original product provider. For interested parties, please contact Andreia Villar | KW Ábaco directly with the details below: Phone: +351935628327 Email: andreia.villar@kwportugal.pt
Estimate the yield on this property. Every figure can be changed.
IMI, insurance, upkeep, management and empty months.
Net yield
4.2%
Estimates only, before financing, notary fees and income tax. Confirm the figures with the agent and your adviser.
Curated by the agent
Listed by
Porameta Concierge Team
Brokered by Original Provider Agent, Recommended by Porameta
Porameta
AMI 26966
Listing Details
Facts & Features
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