House  in Palmela
House  in PalmelaHouse  in Palmela
€700,000

House in Palmela

  • 9 bedrooms
  • 603 m² gross area
  • 605 m² of land
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Description

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!

Ref: 151524

Characteristics

  • 603 m² built, 603 m² floor area
  • 2 bathrooms
  • Terrace
  • Balcony
  • Basement

Others informations

Price details

Property price
€700,000
Price per m²
€1,161 / m²

Energy performance

Energy performance diagnosis

  • C

Palmela, Palmela

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