£599,762

(€156/sq. ft)

€700,000

9 bed detached house for sale
Palmela, Palmela, Portugal

    • 9 beds

    • 2 baths

    • 4,499 sq. ft

Added on 07/08/2026

About this property

    605 m2 Building in Palmela | Excellent Yield and Tourism Potential

    Description:
    Located in one of the most prestigious and iconic areas of the town of Palmela, this traditionally styled building-featuring a gross floor area of ​​605 m2-represents a unique investment opportunity, combining heritage value with immediate profitability.

    Key Features and Layout:
    Ground Floor: Includes a room with an original wine press, garage/storage space, and a private patio. Excellent potential for conversion into a commercial space, restaurant, or leisure area.

    1st Floor: Comprises 9 rooms and 2 balconies with great sun exposure. Investment Note: Currently generating guaranteed income through a lease agreement with the Palmela Municipality running until April 2031.
    2nd Floor and Attic: An exclusive space featuring a panoramic terrace, skylights (Velux), a fireplace, and a private wine cellar.

    Appreciation Potential:
    The property's versatility and size allow for various investment projects, such as:
    Boutique Hotel or Charming Guesthouse
    Renovation into Residential or Luxury Apartments
    Corporate Headquarters or Multi-use Space
    A perfect blend of Palmela's history and financial return.

    Schedule your visit today and discover the potential of this property!
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