Building with potential for 4 fractions of housing, in Gafanha da Nazaré

Excellent opportunity for investors and real estate developers.
Property of mixed use, currently composed of commercial space on the ground floor and former guest house on the first floor, located in a central and consolidated area, with strong housing demand and excellent accessibility.
With about 400sqm of gross area, the building has ideal characteristics for a rehabilitation and reconversion project, allowing the creation of up to 4 autonomous fractions (subject to city council approval).
The property has:
Approximate gross area of 400sqm;
4 sanitary facilities;
Ground floor for trade or services;
First floor previously affected to accommodation / boarding;
Good sun exposure;
Structure with high potential of valorization.
The location is one of its main attributes, being inserted in a consolidated urban area, surrounded by commerce, catering, transport, schools, banks and various services, providing all the amenities for future residents.
Investment potential:
Conversion into apartments for sale;
Long-term lease project;
Local accommodation or coliving;
Maintenance of commercial component on the ground floor and creation of housing on the upper floors;
Possibility of horizontal property constitution and creation of independent fractions.
In a market where housing shortage continues to drive demand, this property represents a differentiating opportunity for investors seeking to develop a project with strong potential for profitability and future valuation.
For more information on urbanistic feasibility and potential for transformation, contact us.

Gafanha da Nazaré, Ílhavo, Aveiro

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