Building for sale in Odivelas

BUILDING FOR SALE – PONTE DA BICA | RAMADA / CANEÇAS Entire building sale | 11 units | Value-add potential Residential building comprising 10 two-bedroom (T2) apartments with approximately 75 m² of Gross Private Area each, all with similar layouts, functional floor plans and dual-aspect balconies (East/West), ensuring excellent natural light exposure and cross ventilation. The property also includes a space currently designated as storage/utility area, presently used as a retail/shop and warehouse space, occupying the entire courtyard. Building Composition • Basement: 2 units (at ground floor level) • Ground Floor: 2 units (at 1st floor level) • 1st, 2nd and 3rd floors: 6 units (corresponding to 2nd, 3rd and 4th levels) • Annex / Storage area with commercial use • Courtyard fully occupied Homogeneous building, predominantly composed of two-bedroom units — a highly liquid format within the residential market. Location Located in Ponte da Bica, between Ramada and Caneças, offering: • Easy access to the Odivelas main radial road • Quick connections to Loures and Lisbon • Public bus transport in the surrounding area Established residential area, with increasing demand for more affordable housing in Lisbon’s immediate outskirts. Investment Profile The building is currently: • Held under full ownership (single title) • Fully tenanted – 5 units under lifetime tenancy agreements. • Without use license • Without elevator • Not constituted under horizontal property regime This asset should be considered from a medium to long-term investment perspective. Potential • Uniform structure facilitates a potential future legalization project • Possibility of future horizontal property constitution (subject to municipal approval) • Final product (2-bedroom units ~75 m² with balconies) highly marketable within the local residential market Key Strengths ✔ 10 well-sized two-bedroom units ✔ Balconies in all units ✔ Dual solar orientation ✔ Compact and homogeneous building ✔ Existing rental income ✔ Structural value-add potential upon regularization SCHEDULE YOUR VISIT AND DO NOT MISS THIS OPPORTUNITY! r sale