For sale - Building to Refurbish with High Profitability in the Center of Alhandra
Building to Refurbish with High Profitability in the Center of Alhandra
Building with 66m2 of gross private area, in the final stages of reconstruction, located in Beco do Castelo 3 and 5, in the center of Alhandra, about 150 m from the Walkway, next to the river, in an area with high demand for rent. Property consisting of 2 independent T1 bedrooms, with 33 m² per floor, both with small terraces. Brand new roof, thermal insulation, double glazing. Side and back facades completed (main façade is missing) and internal finishes. Estimated rent: €≥700 per fraction Estimated annual yield: >10% Possibility of exploitation as 2 fractions or conversion into single-family housing, upon licensing. ⚠ No license of use – sale only with equity. Product suitable for experienced investors looking for cash flow, light rehabilitation and potential for appreciation in a consolidated urban axis. 📞 Call for more information and visits: Sandra Caruso
Excellent real estate investment opportunity in the heart of Alhandra, in Beco do Castelo, in a central and highly sought-after area, just a few meters from the Alhandra Walkway, next to the river. Ideal for investors looking for immediate income and strong upside potential.
It is a building with 66 m2 in the final stages of reconstruction, with two floors and independent entrances, allowing exploration in two autonomous fractions with 33m2 each or, alternatively, the transformation into a single-family house, through municipal licensing.
Status of the Remodeling
- Completely rebuilt roof
- Thermal insulation
- Double-glazed window frames
- Side and back facades already restored
- Only the main façade remains to be completed
- Entrance door already purchased
- Work in the final phase of execution
Estimated rent: €≥700 per fraction
Estimated annual yield: >10%
⚠ No license of use – sale only with equity.
✔ Central location with shops, schools and transport on the doorstep
✔ Train station and nearby road access
✔ Area with growing demand for rent
✔ Flexibility of operation (two units or single house)
✔ Excellent relationship between price, profitability and upside potential
A solid, versatile asset with high return potential, ideal for investors looking for security and profitability.
Note: The restored images are for illustrative purposes only!
📞 Contact us for more information or schedule your visit now: Sandra Caruso