Cascais e Estoril, Lisbon

Refurbish and monetize! Add a floor and enjoy an unbeatable view of Monte Estoril. This building can be used for residential, commercial or service purposes. Many possibilities for use, benefiting from a location in the heart of Monte Estoril. PROFITABILITY - Building to be refurbished located in a prime area of Monte Estoril, close to charming hotels, bars and restaurants. This area is very popular with tourists, which opens up possibilities for residential, commercial or service use. The totally vacant building had the Cozinha do Mar restaurant on the ground floor / basement and two more apartments on the second floor, one T0 and one T3. Actual built area of 267m2 (89m2 per floor) according to the current topographical survey.Possibility of building another floor and a rooftop. The building is 100m from the well-known Jardim dos Passarinhos, whose official name is Jardim Carlos Anjos in honor of one of the driving forces behind the tourist and urban development of the Monte Estoril area. The green space is surrounded by charming hotels, bars and restaurants. The square is filled with flower beds, shrubs and brightly colored exotic trees and also has a large cage with exotic birds, which is where the common name Jardim dos Passarinhos comes from. In the center of the garden there is also a caf with a terrace and a children's playground. Monte Estoril is a small town located in the highest and most luxurious area of the parishes of Cascais and Estoril. It is located in a privileged spot on the Cascais coastline, an area famous for its beaches. Since 1910, Monte Estoril has been a place of choice for the aristocracy, and later, with the Second World War, it became a refuge for luxury exiles and a place of choice for royal families. Today it has beautiful houses and small palaces, and is a favorite haunt of the national and international upper classes. This building benefits from Tax and Financial Incentives as it is part of an ARU. - Exemption from IMT - Municipal Tax on Onerous Transactions (return). - Exemption from IMI - Municipal Property Tax (for a period of 3 years). - among others, IRS deduction of part of the costs borne by the owner, reduced taxation of capital gains, reduced taxation of rental income. More information: Location is a key factor when it comes to the real estate market. This is a sure bet, given its location and the growing demand in this area, both from foreigners and Portuguese.COME AND SEE THIS INVESTMENT OPPORTUNITY._______________________________We are a multidisciplinary team that will do everything to make your wish come true. Our focus is always on providing excellent customer service with total transparency and agility.We provide a service of excellence, with vast experience in the different areas of real estate. An award-winning team recognized in the world of real estate. We operate within the CENTURY21 network, the network with the best customer service in Portugal, and the Realty Art group, which since 2012 has been the #1 CENTURY21 Iberian network.Put your intentions in our hands, we do everything we can to ensure that you always leave with a smile. Our success depends on your complete satisfaction. Always!