Description
A chalet of unique character, requiring full reconstruction, comprising three floors and six units, offering rare versatility of use. The layout includes two spaces designated for services, two for retail, two for residential use, and an attic, allowing for the development of a mixed-use project with high income potential.
Set in an area of significant heritage value, this property benefits from a unique setting, ideal for a rehabilitation project that enhances the building’s historical features. Its distinctive architecture further reinforces its exclusive character. The courtyard, with two independent access points, is a standout feature, offering multiple value-enhancing possibilities — from private leisure areas to functional shared solutions for the entire building.
Located in one of the most prestigious areas of Monte Estoril, just minutes from the sea, this historic building carries a notable legacy: founded in 1950, the ground floor was occupied for over 70 years by the iconic “Cajoar” drugstore, a landmark in the local collective memory, while the basement housed the “Senado” nightclub for several years.
A rare investment opportunity in a distinctive asset, with strong identity, high appreciation potential, and situated in a premium location in Estoril. PARTIAL SALE 1/2 of the building
Mortgage Calculator
Property value2 650 000 €
Down Payment265 000 €10%
Monthly Payment (*)10 709,72 €
(*) 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.