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Portugal

€490,000
eXp Realty, Portugal
PROPERTY TYPE

Block of Apartments

SIZE

2,056 sq ft

191 sq m

Key features

  • Orientations : East West
  • Optical fiber

Description

This building located in Odivelas, in the Encosta da Luz area, is an excellent investment opportunity, especially for those looking for consistent profitability and future appreciation potential. The property is situated in a neighbourhood that is in the final stages of urbanization from a documentary point of view, which suggests significant growth potential in the coming years.Property Description:-Structure and Units: The building consists of four fractions, three of which are currently rented, generating a monthly income of €2,000. The units have different characteristics: - Right Basement:* T1 rented for 500 € - Left Basement:* T1 rented for 600 € - Right Ground Floor:* T2 rented for 410 € - Left Ground Floor:* T2 currently vacant, offering potential for rent adjustment or renovation - Attic: T1 Free - Land Characteristics: The building is situated on a plot of 615 m², which offers space for future construction or expansion, further increasing the potential profitability of the investment. Overview and Location: The property offers magnificent views, taking advantage of its privileged location in the Serra da Luz. The surrounding area, in the process of urbanization, promises infrastructural improvements and additional amenities, which can contribute to the property's appreciation in the medium and long term.This building is ideal for investors looking for a property with immediate income and future development potential. The combination of units already rented and space for new construction makes this an attractive opportunity in the Odivelas real estate market.

Advice on buying Portuguese property

Learn everything you need to know to successfully find and buy a property in Portugal.

About eXp Realty, Portugal

eXp Europe is redefining estate agency by offering a smarter, more connected way to buy and sell property. Operating across multiple countries—including the United Kingdom, France, Germany, Italy, Spain, Portugal, Greece, Poland, and more—we provide seamless access to international property markets.

With a network of experienced agents working collaboratively across borders, we make it easier than ever for buyers and sellers to navigate property transactions, whether moving locally or relocating internationally. Our cloud-based model ensures that clients receive expert guidance, real-time market insights, and personalized service—without the limitations of traditional offices.

At eXp Europe, we combine cutting-edge technology with local expertise to deliver a more efficient, transparent, and stress-free experience for our clients. Whether you're buying your dream home, selling a property, or investing in new opportunities, our agents are here to help—wherever you are.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by eXp Realty, Portugal (reference 85507401) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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