Building for sale in Palmela

Pinhal Novo
535 000 €Sale
id. 120612843-6
110 m²

Description

Horizontal Property Building in the Heart of Pinhal Novo | Outstanding Investment Opportunity Some properties stand out for their location. Others for their versatility. This one offers both. We are pleased to present this horizontal property building , comprising two independent units, located in the heart of Pinhal Novo, just a 2-minute walk from the train station, in a well-established area with shops, schools, services, and excellent transport links. With both residential and occupancy licences in place, this property provides the legal security and flexibility sought by both investors and private buyers. Property Layout Ground Floor (26 m²) An open-plan space with excellent potential for complete renovation. Ideal for retaining as a commercial unit or converting into a modern two-bedroom apartment (T2), subject to the applicable legal and planning procedures. First Floor (84 m²) A spacious four-bedroom apartment (T4*), featuring generous living areas and access to a magnificent 25 m² private terrace—an ideal outdoor space for relaxing, entertaining, or creating an al fresco dining area. A Property with Multiple Investment Opportunities Whether you are looking for a permanent residence, a buy-to-let investment, a renovation and resale project, or the opportunity to make independent use of both units, this property offers excellent potential for value appreciation. Key Features ✔ Horizontal Property Building ✔ Residential and Occupancy Licences in Place ✔ Two Independent Units ✔ Spacious Four-Bedroom Apartment (T4*) on the First Floor ✔ Private 25 m² Terrace ✔ Ground Floor with Potential for Commercial Use or Residential Conversion ✔ Just a 2-Minute Walk from the Train Station ✔ Excellent Investment Potential A rare opportunity to acquire a versatile property in a prime central location, with strong potential for future appreciation in Pinhal Novo. Schedule your viewing today and discover how this property could become your next successful investment. *The four-bedroom (T4) layout is not officially registered in the property's documentation.

Details

Gross Area m²
110
Total Lot Area m²
- -
Living Area m²
99
Year of Construction
1969
Elevator
No
Parking
No
Electric Car Charging
No

Map

Rooms

Kitchen
Bedroom
Living Room

Contact Agent

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

Mortgage Calculator

Property value535 000 €
Down Payment
53 500 €10%
Amortization Period:30 years
Monthly Payment (*)2162,15 €

(*) 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