Office for sale in Street Name Upon Request, Covilhã E Canhoso, Pt

£1,779,564 (€2,080,000 (€218.35/sq. ft) )
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Office for sale

885 sq. m*

Property description

Electra Real Estate Advice is pleased to present a unique investment opportunity: A historic building completely renovated in 2021, ideal for discerning investors.

Characteristics of the property:

Privileged location: Only 250 meters from the first campus of the University of Beira Interior ( pole IV, which is the Faculty of Social and Human Sciences (fcsh)), this building offers exceptional proximity to students, representing a dynamic community of more than 8000 young intellectuals spread over 3 campuses.

Optimal composition: The building consists of 29 rooms, each with a private bathroom and a terrace. In addition, it includes 6 independent studios of about 40m2 each.

Stable tenants: Currently, the rooms are occupied by students from the University of Beira Interior, ensuring constant demand and immediate profitability. The 6 apartments are also rented, ensuring a diversified source of income.

Turnkey investment: Take advantage of a turnkey investment with a lucrative business the day after the purchase, offering a solid profitability of 6%.

Facilities for the well-being of students: Two areas of communal kitchens specially equipped for students, ensuring their comfort. A communal terrace and an outdoor area with a water source provide a pleasant setting to relax.

Ideal tourist location: Nestled at the foot of the Serra de Estrela, the building enjoys a strategic geographical location, also attracting visitors interested in the tourist wealth of the region.

High demand with waiting list: The excellent deal generates substantial revenue with high demand, exemplified by a waiting list for housing.

Exceptional quality of housing: Benefiting from a recent renovation, the building offers high-quality housing, meeting high standards.

Don't miss this exceptional investment opportunity combining profitability, strategic location and quality of housing. Contact us now to schedule a viewing and seize this unique opportunity in the real estate market.

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Properstar, and do not constitute property particulars. Please contact Properstar for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.