Building T11 + T14 - Opportunity for Investors / Total Rehabilitation w/ VAT at 6% and IMT Exemption

For sale a set of two contiguous buildings (Nº 183 and 187) in Rua Benjamim Araújo, in São João da Madeira, with enormous potential for profitability.

Due to the state of ruin, it allows a total remodelling of the interior, taking advantage of the existing gross construction area to create modern and efficient layouts.
Potential for the creation of 25 to 30 accommodation units (based on the original typologies T11 and T14).
Existence of commercial/service space on the ground floor (former company headquarters) + Housing on the upper floors.
Being two buildings side by side, it allows unification of infrastructures (single lift, shared entrances), reducing construction and management costs.

Located in Rua Benjamim Araújo, being a strategic location, a central axis of connection in S. João da Madeira:
Within walking distance of the Court, Hospital and civic area, CTT, creative home for shows.
Strong demand in the area for: Student/Teaching Residences, Co-living for company staff or Senior Accommodation.

Documentation ready for deed. Don't miss the opportunity to acquire a project with a high valuation margin in one of the cities with the highest business density in the country.

For more information please contact us!

São João da Madeira, Aveiro

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