Building for sale in Alges, Linda-a-Velha e Cruz Quebrada-Dafundo, Portugal

• 1052 m² surface area (11324 sqFt)
• full restoration of the structure/outside needed
• 300 m² of land (3229 sqFt)
• N/C

This historic building is situated in the sought-after area of Dafundo, offering convenience and charm with its proximity to the River Tagus and various amenities such as schools, public transport, leisure areas, and commercial establishments. Built in the early 20th century, this six-floor slab building with no lift boasts a total area of 1,237 square metres. With its current state of conservation, there is great potential for rehabilitation, presenting a unique opportunity to transform the space into a modern and functional area while preserving its original architectural features. The building's structure allows for the creation of either residential or commercial units, depending on the desired focus of the redevelopment project. By incorporating contemporary technologies and materials, the energy efficiency and comfort of the interior spaces can be significantly improved. With the growing interest in the area and the potential for the property to appreciate in value after refurbishment, investing in the refurbishment of this building in Dafundo is a compelling opportunity. Ideal for investors seeking a redevelopment project in a prestigious location, this building offers a strategic location, historic character, and potential for appreciation, making it a promising choice for those with a long-term vision for the property market. For more detailed information, it is recommended to schedule a face-to-face valuation of the building. Regarding the price of 3,250,000, it is reflective of the property's prime location, historic significance, and the potential for renovation and appreciation in value. Considering the unique opportunity for redevelopment and the increasing interest in the area, this property presents a compelling investment opportunity for those looking to make a mark in the real estate market.