Monte Gordo - Farm 7.160sqm Investment

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  • Property typeFarm T4
  • Sale € 700.000
  • Area612 m² | 7160 m²
  • StatusUsed
  • Construction1950
  • CountyLisboa
  • TownVila Franca de Xira
  • Parish
    Vila Franca de Xira
  • LocationVila Franca de Xira
  • REFCY-L4/00233
4
1
612 m²
7160 m²
-1
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E
 

Description

QUINTA COM 15 CASAS E STORAGE - INVESTIMENTO POTENCIAL

INVESTIMENTO - PROFITABILITY - 0.14%

REILAR invites you to visit this farm for sale, located in the area of Monte Gordo, in Vila Franca de Xira, a property with unique characteristics and high potential of appreciation, ideal for investors looking for a real estate with current income and growth prospects.

AREAS AND COMPOSITION

It is a mixed building with a total land area of 7,160sqm, where a set of 15 houses and a warehouse are located, occupying an area of 612sqm.

The size of the land, associated with the existence of several housing units and a space for storage, gives this property particularly interesting characteristics for a real estate investment project.

CONSERVATION STATE

The property has different states of conservation, some of the houses are already in the process of remodeling, while others still need intervention.

This situation allows a progressive valuation of the property, through the recovery and profitability of the existing units.

INCOMES AND INVESTMENT

Currently, the property has a monthly income of 980 €, from houses rented with old contracts of lifetime nature.

With the completion of the planned remodeling and the profitability of the remaining units, it is estimated that the overall monthly income can reach approximately 4,680 €.

Current income:

- Monthly income: 980 €
- Gross annual income: 11,760 €

Estimated potential income:

- Monthly income: 4,680 €
- Gross annual income: 56,160 €

This projection represents a significant revenue growth potential, constituting one of the main factors of interest for investors who favor real estate assets with medium- and long-term valuation capacity.

The future incomes presented are estimates, depending on the completion of the works, the lease conditions and the actual occupancy of the available units.

LOCATION

Located in the area of Monte Gordo, in the municipality of Vila Franca de Xira, this farm benefits from a location that allows combining the size of a property with land and the proximity to the city of Vila Franca de Xira.

An opportunity for those looking to invest in a real estate complex with several units, land of considerable size and the possibility of developing a strategy of recovery and profitability phased.

Schedule your visit and come and know the potential of this property!

For visit appointment, call me!

José Branco, your Real Estate Consultant.

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Location

Vila Franca de Xira, Lisboa

Contacts

CY Reilar
AMI License: 2092
Website: reilar.pt
Telephone:
View contacts page Real Estate Agency CY Reilar