Renovated 74 m² Commercial Property with Three Independent Units — €260,000

About this Listing

This property was selected and recommended by Porameta for its valuable investors. Explore this renovated 74 m² commercial property, configured into three independent units and offering an interesting opportunity for investors seeking a flexible asset with potential for different income-generating strategies. Built in 1974 and presenting a reported energy certificate rating of A, the property combines a compact footprint with a layout designed to separate the available spaces for individual use. The current configuration comprises two T2-style units on the ground floor and a larger T4-style unit in the basement. This arrangement may appeal to buyers considering a range of permitted commercial, professional or other compatible uses, subject to verification of the property's approved layout and licensing. The independent-unit configuration also gives investors a starting point for assessing whether the asset could support a future residential rental strategy if the necessary approvals are obtained. With a stated gross area of 75 m², useful area of 74 m² and terrain area of 186 m², the property offers multiple spaces within a single asset. Buyers should confirm how the listed areas are measured and registered, particularly given the separate ground-floor and basement configuration. The property is currently licensed for commercial use only. A change to residential use may be possible through an application to the relevant City Council, but approval is not guaranteed and must be obtained before the property is marketed or operated as authorized housing. Prospective buyers should investigate the applicable planning rules, building requirements, unit registration and any licensing conditions before making investment projections. Offered at €260,000, this property may suit investors looking for a renovated commercial asset with a distinctive layout and the potential to explore future permitted uses. Its suitability for long-term residential rentals, holiday letting or a hybrid rental model will depend on the relevant approvals and licensing requirements. This property was listed by Bento Algarve as the original product provider. For interested parties, please contact Bento Algarve directly with the details below: Phone: +351916434432 Email: bento.algarve@century21.pt