Costa de Caparica, Almada, Setúbal Municipality

Details :- Reference: VKVH-T3036. This unique property offers a rare investment opportunity, with 2 T2 apartments, 2 T2+2 apartments and 1 T1 flat, plus a commercial space with access to the street. With an estimated rental income of €10,000+ per month, it's ideal for generating solid returns just like this one, or even more so with a redevelopment project.<br /><br />Property Highlights:<br />Historic building: Formerly one of the first bakeries in Costa da Caparica, it still houses the original ovens.<br />Location: just a 2-minute walk from the beach.<br />Versatility: Opportunity to renovate and create a hostel or B&B, or even to take advantage of the plot and create 3-4 independent houses with separate entrances.<br /><br />The coastal area of Caparica is known for its surf culture, vibrant local cuisine (especially fresh seafood) and traditional fishing heritage, making it a magnet for tourists and surfers alike.<br /><br />Current rental information:<br />Occupancy: All apartments (except two) and the shop, are currently rented.<br />Contracts: The apartments have 1-year renewable leases, in different phases, while the store has a 3-year contract currently halfway through. After purchase, these contracts must be honoured until maturity, but may not be renewed afterwards.<br /><br />Don't miss this opportunity to invest in one of the most iconic seaside locations in Portugal. Contact us today for more detailed information about this exceptional property and its business potential! <br />Energy Rating: D <br />#ref:HT_30565