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Property for sale

Covilhã, Castelo Branco, Portugal

£1,833,333 *  [€2,200,000]

Property for sale

Covilhã, Castelo Branco, Portugal

£1,833,333 *  [€2,200,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0
  • Plot size: 825 m2
  • Habitable space: 884.8 m2

Features


  • Double Glass
  • AC
  • Garden
  • Energy performance certificate – B

Full 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.
Energy Rating: B
#ref: ECIEDI_669
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This property listing (ref: ECIEDI_669) is an advertisement supplied by Electra Conseils Immobilier and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8333 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.