Português
English
Español
Français
Building for Renovation in the Historic Center of Odivelas
Building for Renovation in the Historic Center of Odivelas
Two-storey building held in full ownership, located in the heart of Odivelas’ historic center, anknown for its cultural and architectural heritage. This is an excellent investment opportunity, ideal for redevelopment and value appreciation in a steadily growing market.
Set on a 458 sqm plot, the property offers approximately 342 sqm of gross construction area. It is currently divided into four independent units, distributed across two floors, all with one-bedroom layouts, preserving the original character and structure of the building.
Located within an Urban Rehabilitation Area (ARU), the property benefits from attractive tax incentives, significantly enhancing its investment potential.
The building requires full renovation, providing complete flexibility to design a tailored project, whether for private residential use, long-term rental, or other investment strategies, subject to legal framework.
In terms of occupancy, two units are currently occupied under comodato agreements, one has a recent rental contract (under NRAU regulations), and one unit is vacant.
Location is one of its key strengths. Positioned in the historic core of Odivelas, an area undergoing continuous urban regeneration, it has seen increasing demand and consistent property value growth, driven by its proximity to Lisbon and ongoing infrastructure improvements.
Odivelas is increasingly recognized as a strategic alternative to Lisbon, offering strong value for money, high rental demand, and a growing residential base. The historic center, in particular, is attracting investor interest due to its authenticity, redevelopment potential, and limited supply, all contributing to sustained appreciation.
With immediate access to local commerce, services, public transport, and quick connections to Lisbon, this property offers the ideal conditions for a secure investment with strong medium- to long-term upside.
A solid opportunity to invest in a transforming and increasingly sought-after location.
Two-storey building held in full ownership, located in the heart of Odivelas’ historic center, anknown for its cultural and architectural heritage. This is an excellent investment opportunity, ideal for redevelopment and value appreciation in a steadily growing market.
Set on a 458 sqm plot, the property offers approximately 342 sqm of gross construction area. It is currently divided into four independent units, distributed across two floors, all with one-bedroom layouts, preserving the original character and structure of the building.
Located within an Urban Rehabilitation Area (ARU), the property benefits from attractive tax incentives, significantly enhancing its investment potential.
The building requires full renovation, providing complete flexibility to design a tailored project, whether for private residential use, long-term rental, or other investment strategies, subject to legal framework.
In terms of occupancy, two units are currently occupied under comodato agreements, one has a recent rental contract (under NRAU regulations), and one unit is vacant.
Location is one of its key strengths. Positioned in the historic core of Odivelas, an area undergoing continuous urban regeneration, it has seen increasing demand and consistent property value growth, driven by its proximity to Lisbon and ongoing infrastructure improvements.
Odivelas is increasingly recognized as a strategic alternative to Lisbon, offering strong value for money, high rental demand, and a growing residential base. The historic center, in particular, is attracting investor interest due to its authenticity, redevelopment potential, and limited supply, all contributing to sustained appreciation.
With immediate access to local commerce, services, public transport, and quick connections to Lisbon, this property offers the ideal conditions for a secure investment with strong medium- to long-term upside.
A solid opportunity to invest in a transforming and increasingly sought-after location.
Property Features
- Built year: 1951
- Floors: 2
- Views: Village view
- Quiet Location
- Central location
- Sealed land area
- Accessability\proximity: Museums, Subway, Bus, Airport 30m, Beach at 30 min, Restaurants, City nearby, Touristic areas
- Energetic certification: F
- Building: Habitação
- Surrounding Area: Cultura E Lazer
- Infrastructure: Iluminação Pública, Passeios
- Land Purposes: Prédio Multifamiliar (Construção Vertical)
- Zone: Zona Comercial, Zona Residencial
- Kitchen: Móveis Lacados
