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Apartment for sale in Gafanha Da Encarnacao, Portugal
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Apartment for sale in Gafanha Da Encarnacao, Portugal

2 290 000€

Gafanha Da Encarnação

Features

  • 1215 m² surface area (13078 sqFt)
  • 3125 m² of land (33637 sqFt)
  • N/C

Investment Breakdown

Gross Yield:

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Time to pay off with rent:

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Price Difference:

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Expected Rent:

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Property description

Exceptional opportunity, especially due to its privileged location and the various functionalities it offers. With a panoramic view of the Ria de Aveiro, Costa Nova, and the Marina da Associação Náutica, the space is ideal for attracting both local clients and tourists. The presence of a restaurant and event rooms allows for a variety of celebrations, such as weddings, baptisms, company parties, and birthdays, which can generate significant revenue. The parking for over 100 cars is a major draw, making access easy for visitors. Additionally, the proximity to the A25, A1, and A17 highways, as well as the beaches of the region and the city of Aveiro, further increases the property's potential. The possibility of transforming the space into a hotel with a view of the Ria de Aveiro and the marina is a promising idea, considering the demand for accommodations in the area. The unfinished space for a nightclub, along with the bar on the top floor offering 360º panoramic views, can be an attractive selling point, especially for the younger crowd and nighttime events. In summary, this property has great potential to become a popular destination, whether as an event space, a hotel, or an entertainment venue. If you need more information or assistance on how to develop this project, I am available to help! Schedule your visit now. Thoughts on Price: The price of 2,290,000 seems justified considering the unique features and potential of the property. The location, panoramic views, and various functionalities make it a highly desirable investment opportunity. With the possibility of generating significant revenue through events, restaurant operations, and potentially transforming it into a hotel, the property holds great promise for a lucrative return on investment. It's a rare find in a prime location, making it a worthwhile investment for those looking to capitalize on the growing demand for such versatile spaces in the area.

Location

Gafanha Da Encarnação

Date added: 17.11.2024