Building for sale in Barreiro

Barreiro e Lavradio
1 190 000 €Sale
id. 121701566-6
297 m²

Description

Building with Approved PIP for 11 Units | Barreiro Town Centre Investment opportunity for refurbishment or the development of a new residential project. Located on Rua dos Combatentes, in the centre of Barreiro , this property benefits from a strategic location, next to Catarina Eufémia Park and close to Barreiro Town Hall, the CP railway workshops, as well as a wide range of shops, services, schools, public transport and main road links. The existing building comprises a ground floor and first floor, with a total of 19 rooms , offering two distinct investment options: the refurbishment of the existing property or the development of a new-build project . The key feature of this asset is the existence of an approved Prior Information Request (PIP) from Barreiro City Council for the construction of 11 residential units . The approved project provides for the demolition of the existing building and the construction of a new development comprising 4 floors above ground and 1 or 2 basement levels , making this a particularly attractive opportunity for investors and developers looking to create a residential project in an established area of the town. The approved PIP represents a significant advantage in the development process, providing an urban planning framework that has already been assessed and approved by the relevant local authority. Key features: Approved PIP for 11 residential units; 4 floors above ground; 1 or 2 basement levels; Potential for the construction of a new building; Possibility of refurbishing the existing property; Existing building comprising ground floor and first floor; 19 rooms; Central location in Barreiro; Next to Catarina Eufémia Park; Close to Barreiro Town Hall and the CP railway workshops; Excellent potential for capital appreciation and return on investment. A distinctive opportunity for property investors and developers seeking an asset with an approved development proposal and strong potential in one of Barreiro’s most central locations, benefiting from growing residential demand and its proximity to Lisbon.

Details

Gross Area m²
297
Total Lot Area m²
- -
Living Area m²
297
Year of Construction
1937
Elevator
No
Parking
Yes
Electric Car Charging
No

Map

Rooms

Kitchen
Bedroom
Living Room
Parking

Contact Agent

RE/MAX Extra
RE/MAX Extra
Real Estate Consultant
+351 962 552 222 · National mobile

Mortgage Calculator

Property value1 190 000 €
Down Payment
119 000 €10%
Amortization Period:30 years
Monthly Payment (*)4809,27 €

(*) The monthly payment shown is a reference value, based on a variable rate (6-month Euribor), and does not replace a more complete and detailed financial analysis!

The information resulting from these simulations is merely indicative, intended to guide the estimated cost, according to the data provided by the user. Each financial institution has its own financing policies and conditions, and is not bound by the results of this simulation.

RE/MAX Extra
RE/MAX Extra
Real Estate Consultant