House for sale in Coimbra (Se Nova, Santa Cruz, Almedina e Sao Bartolomeu), Portugal

• 114 m² surface area (1227 sqFt)
• 3 rooms
• N/C

Building in the center of downtown Coimbra, with a traditional construction of stone walls, wooden floors and roof, in regular conservation state. It consists of 5 floors, with the ground floor holding a commercial space that can also serve as the entrance hall to the upper floors. Each of the 4 upper floors can accommodate 1 bedroom, 1 bathroom, and 1 kitchenette with independent access. Currently, the property includes: - Ground floor: 1 shop and the entrance hall, with access to Corpo de Deus street - 1st floor: 1 bedroom with private bathroom, and the entrance hall - 2nd floor: 1 bedroom, 1 living room, and the entrance hall - 3rd floor: 1 bedroom, 1 common bathroom, and the entrance hall - 4th floor: 1 living room with balcony and views over the city to the Mondego River, 1 kitchen, and the entrance hall. Located in the heart of downtown Coimbra, at the beginning of Corpo de Deus street, close to major services and commerce, with great potential for profitability. The property is part of an Urban Rehabilitation Area (Aru), benefiting from reduced VAT (6%) on any renovation works, as well as exemption from payment of fees and licenses, among other advantages. At a price of 170,000, this property offers a unique opportunity for someone looking to invest in a historical building with the potential to generate rental income in a prime location within the city. It's a versatile property that can be transformed into individual apartments or kept as a mixed-use building with commercial space on the ground floor. The benefits of being in an Urban Rehabilitation Area further enhance the value and potential return on investment for this property.