Almada, Setúbal Municipality

Historic Building for Sale in Cacilhas, Lisbon1817 Historic Building - Unique Investment Opportunity We present an exclusive opportunity for investors: A completely vacant historic building in Cacilhas, dating from 1817. This property, in full ownership, has an approved license for the expansion of another floor and a dormer, offering enormous potential for the Local Accommodation (AL) sector.Property Features:Location: Rua Elias Garcia- Cacilhas, AlmadaYear Built: 1817Status: Vacant, with approved licensing, paid licenses Total Area: 8 planned apartmentsPatio: 50 m, ideal for a 3x8 meter swimming pool and leisure areaMansards: Space for 2 private jacuzzis with pergolasProfitability Potential:Sale Value: 1.3 million eurosAdditional Benefits:Support from the Chamber: 30, 000 euros in incentives for being in ARU zoneVAT: 6%IMI exemption: 5 yearsPossible IMT ExemptionSurrounding Area:The building is strategically located in front of the tourist office of Cacilhas, in the pedestrian area of the restaurants and a few minutes from the boat to Lisbon. The area is known for its historic charm and the convenience of services and transportation.Flexibility of Use:With three police numbers, the building allows several options of use:Privileged Location:Proximity to services, transport and tourist attractions.High Profitability Potential: Based on studies and comparisons with other LAs in the same area.Tax Benefits: Chamber incentives, reduced VAT and IMI and IMT exemptions.Versatility of Use: Possibility of mixed use (Hostel and Local Accommodation).Call for Attention:Don't miss this unique opportunity to invest in a historic property with a high profitability potential and several tax advantages. This is a safe and lucrative investment in charming Cacilhas, on the South Bank of Lisbon.For more information and to schedule visits, please contact us!The fulfilment of your dream is our achievement Energy Rating: Exempt #ref:338-427