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Building for sale in Paco de Arcos, Portugal
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Building for sale in Paco de Arcos, Portugal

5 750 000€

Paco de Arcos

Features

  • 824 m² surface area (8869 sqFt)
  • N/C

Property description

This property is a rare find in the historic center of Paço de Arcos, just steps away from the sea. With two buildings, each boasting 4 floors, this property offers a multitude of possibilities for both residential and commercial purposes. The first building features restaurant dining rooms, a wine cellar, and storage areas, while the second building houses a fully equipped restaurant on the ground floor and renovated apartments on the upper floors. The total gross area of 824m² provides ample space for a variety of uses, and the property is currently undergoing refurbishment to further enhance its value. With a prime location in a tourist area surrounded by restaurants and hotels, this property presents an excellent investment opportunity. The price of 5,750,000 for this property reflects its potential for high returns and the desirable location in the heart of Paço de Arcos. With the ongoing improvements and the lease contract for the restaurant, this property is a solid investment for those looking to capitalize on the thriving tourism industry in the area. Don't miss out on this unique opportunity to own a versatile property with endless potential in one of the most sought-after areas in Paço de Arcos!

Location

Paco de Arcos

Date added: 27.08.2024

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