3 Houses for Renovation: Investment Opportunities in Real Estate Discover this incredible investment opportunity in real estate for renovation and appreciation! We present a property with three houses for renovation, located on a spacious plot of land measuring 905 m²

Palmela, Setúbal, Portugal

For Sale

€299,000

REF: 703085 €299,000


7

3

176 m2

905 m2

Description

3 Houses for Renovation: Investment Opportunities in Real Estate Discover this incredible investment opportunity in real estate for renovation and appreciation! We present a property with three houses for renovation, located on a spacious plot of land measuring 905 m². Situated in a privileged area, this property offers various possibilities and opportunities for investors interested in property renovation and profitability.

The first house, ideal for renovation, consists of a kitchen, four bedrooms, a bathroom, and an attic. With spacious rooms and significant potential for value appreciation, this house is perfect for investors looking to transform it into a cozy home with high profitability potential. The second house, also suitable for remodeling, features a kitchen, two bedrooms, and a bathroom.

This house offers the opportunity to create a practical and functional space, attracting potential tenants or buyers interested in renovated properties. On the second floor, you will find the third house, which requires work to reach its full potential. With a kitchen, two bedrooms, a bathroom, and an attic, this house can be transformed into a welcoming residence with unique and appealing features for investors looking for properties for recovery and rental.

In addition to the three existing houses, this property offers the opportunity to build a fourth unit, expanding its profitability potential. Imagine the possibility of creating a personalized space, tailored to the demands of the real estate market and the preferences of future residents. The privileged location of this property is one of its main attractions.

With a spacious plot of land, outdoor space, and excellent solar orientation, future residents or tenants can enjoy relaxing moments outdoors, taking advantage of the breathtaking mountain views. The proximity to the prestigious international school St. Peter's School offers an additional advantage for families who value quality education for their children.

In terms of accessibility, this property is strategically located just 2 minutes away from the A2, A12, A33 highway, facilitating travel to other areas of the region. Additionally, there is a bus stop right at the door, providing greater convenience for residents. For those in need of railway transportation, Palmela train station is only 4 minutes away, offering quick and convenient connections to Lisbon/Setúbal.

Don't miss the opportunity to invest in this property with three houses for renovation and appreciation, along with a spacious plot of land. Take advantage of the flexibility and potential of this property to create a successful development and generate attractive returns. Schedule a visit now and start turning this dream into reality! iad assumes itself as your partner in the search for lucrative opportunities.

Rely on our experience to find properties with potential for value appreciation. Transform rehabilitation projects into profitable investments with iad, your trusted real estate agency. #ref: 94905
3 Houses for Renovation: Investment Opportunities in Real Estate Discover this incredible investment opportunity in real estate for renovation and appreciation! We present a property with three houses for renovation, located on a spacious plot of land measuring 905 m². Situated in a privileged area, this property offers various possibilities and opportunities for investors interested in property renovation and profitability.

The first house, ideal for renovation, consists of a kitchen, four bedrooms, a bathroom, and an attic. With spacious rooms and significant potential for value appreciation, this house is perfect for investors looking to transform it into a cozy home with high profitability potential. The second house, also suitable for remodeling, features a kitchen, two bedrooms, and a bathroom.

This house offers the opportunity to create a practical and functional space, attracting potential tenants or buyers interested in renovated properties. On the second floor, you will find the third house, which requires work to reach its full potential. With a kitchen, two bedrooms, a bathroom, and an attic, this house can be transformed into a welcoming residence with unique and appealing features for investors looking for properties for recovery and rental.

In addition to the three existing houses, this property offers the opportunity to build a fourth unit, expanding its profitability potential. Imagine the possibility of creating a personalized space, tailored to the demands of the real estate market and the preferences of future residents. The privileged location of this property is one of its main attractions.

With a spacious plot of land, outdoor space, and excellent solar orientation, future residents or tenants can enjoy relaxing moments outdoors, taking advantage of the breathtaking mountain views. The proximity to the prestigious international school St. Peter's School offers an additional advantage for families who value quality education for their children.

In terms of accessibility, this property is strategically located just 2 minutes away from the A2, A12, A33 highway, facilitating travel to other areas of the region. Additionally, there is a bus stop right at the door, providing greater convenience for residents. For those in need of railway transportation, Palmela train station is only 4 minutes away, offering quick and convenient connections to Lisbon/Setúbal.

Don't miss the opportunity to invest in this property with three houses for renovation and appreciation, along with a spacious plot of land. Take advantage of the flexibility and potential of this property to create a successful development and generate attractive returns. Schedule a visit now and start turning this dream into reality! iad assumes itself as your partner in the search for lucrative opportunities.

Rely on our experience to find properties with potential for value appreciation. Transform rehabilitation projects into profitable investments with iad, your trusted real estate agency. #ref: 94905
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Property on Map

#94905

Currency Exchange

Palmela, Setúbal, Portugal

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €299,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€299,000 £254,356 £261,754 £7,397
Property Price € €299,000
Minimum cost in the last six months £254,356
Maximum cost in the last six months £261,754
Fluctuating exchange rates over the last six months could have increased the cost of this property by £7,397

Palmela, Setúbal, Portugal

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €299,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€299,000 £254,356 £261,754 £7,397
Property Price € €299,000
Minimum cost in the last six months £254,356
Maximum cost in the last six months £261,754
Fluctuating exchange rates over the last six months could have increased the cost of this property by £7,397

The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £7,397 more.

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