Lisbon, Vila Franca de Xira, Portugal
- PROPERTY TYPE
Block of Apartments
- BATHROOMS
4
- SIZE
3,810 sq ft
354 sq m
Description
Discover an excellent investment opportunity with this urban building in full ownership, located in the premium zone of Vila Franca de Xira, just steps away from all essential services. Its strategic corner location with three street fronts offers exceptional visibility and accessibility right in the city center.
Residential and commercial property in the heart of the city – ideal for immediate rental income and strong medium/long-term appreciation.
Property Features:
Total usable area: 354 m²
Layout:
Ground Floor – Commercial:
Shop 1: Currently rented. Comprising a large room, 1 bedroom, kitchenette, storage, and 2 bathrooms.
Shop 2: Vacant. Comprising 2 rooms with excellent potential for commercial use or immediate lease.
1st Floor – Residential:
Spacious 5-bedroom apartment, currently rented. Solid structure, ideal for modernisation and value appreciation.
2nd Floor – Residential:
Another 5-bedroom apartment with charming attic-style sloped ceilings (“águas furtadas”), also rented. Attractive architectural features with high appeal.
Highlights:
Premium Zone: Central and sought-after location, just meters from the Municipal Market, Courthouse, City Hall, and the new Health Campus.
Unique Design: The top floor features attic ceilings, adding character and aesthetic value.
Strategic Commercial Spaces: Both ground-floor shops enjoy excellent visibility and foot traffic, ideal for rental or your own business.
Guaranteed Rental Income:
Current annual income of approximately €16,000, with room for growth and optimisation.
Development Potential:
Urban Renewal: Transform current units into modern apartments for sale or lease.
Local Lodging or Hostel: Just 3 minutes' walk to the train station and 2 minutes to the A1 highway, this property is ideal for tourism-oriented use due to its proximity to Lisbon.
Smart Investment: Continue benefiting from existing leases while implementing upgrades and increasing long-term value.
Prime Location Benefits:
Situated in Vila Franca de Xira’s most desirable area
Surrounded by commerce, schools, public services, and cultural amenities (Riverside Walk, Library, Museum)
High demand for both residential and commercial spaces
Why Invest Here?
Immediate returns with active rental contracts
Versatile usage for housing, retail, or tourism accommodation
Premium location with ongoing appreciation
Proximity to Lisbon, offering a safe investment with strong return potential
Don’t miss this unique opportunity!
Contact us today for more information or to schedule a visit.
Energy Certification: Class D
IAD Portugal | License AMI: 11220
#ref: 131505
Lisbon, Vila Franca de Xira, Portugal
NEAREST AIRPORTS
Distances are straight line measurements- Lisbon(International)14.7 miles
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Notes
This is a property advertisement provided and maintained by IAD, Porto (reference 131505) 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.