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Building for sale in Oeiras E Sao Juliao Da Barra, Portugal
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Building for sale in Oeiras E Sao Juliao Da Barra, Portugal

5 750 000€

Oeiras E São Julião Da Barra

Features

  • Exclusive mandate
  • N/C
  • 824 m² surface area (8869 sqFt)
  • Swimming pool
  • 348 m² of land (3746 sqFt)
  • Facing South

Property description

Located in the historic center of Paço de Arcos just a few meters from the sea, this mixed building consists of 2 buildings with 4 floors each. The property includes a traditional restaurant fully equipped with a total area of 377m2, 2 apartments in need of refurbishment with terraces offering stunning sea views, and 2 completely refurbished small apartments. Building 1 features restaurant dining rooms, a wine cellar, storage areas, and a bedroom with sea views on the first floor. The second floor includes an apartment for refurbishment with a 136m2 area and a 56m2 terrace with sea views, while the third floor offers a 110m2 apartment for refurbishment. Building 2 includes a restaurant on the first floor with a total area of 377m2, a cloakroom area, staff toilet, and office on the second floor, and a completely refurbished 2-bedroom apartment on the third floor. Additionally, there is a fully refurbished 1-bedroom apartment in the Águas-Furtadas area with a gross area of 824m2 and a usable area of 742m2. The property is being sold with a fully equipped and operational restaurant with a 15-year lease. The buildings are currently undergoing refurbishment, with plans to convert the roof into 2 apartments with high-quality finishes. The historic center of Paço de Arcos offers a charming atmosphere with a variety of restaurants and interesting monuments, making it a desirable location for both residents and visitors alike. The price of 5,750,000 for this property reflects its prime location in a tourist area with sea views, as well as the potential for rental income from the fully operational restaurant. The ongoing refurbishment and future development plans add further value to this unique investment opportunity in Oeiras E São Julião Da Barra.

Location

Oeiras E São Julião Da Barra

Date added: 09.10.2024

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