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COMMERCIAL

Portugal

€250,000
HOMEGEST Real Estate Consulting, Lisbon
PROPERTY TYPE

Commercial Property

BEDROOMS

1

BATHROOMS

1

SIZE

474 sq ft

44 sq m

Key features

  • 1 bedrooms
  • House area: 44 sqm
  • Air conditioning
  • 1 bathrooms

Description

This new project involves the conversion of a former factory into modern residential units, transforming a long-unused structure into an urban living space. Located in Piraeus, this redevelopment preserves the building’s heritage while providing a contemporary lifestyle, presenting an investment opportunity to obtain the Golden Visa and access to the European Schengen area.

Nestled in one of Athens' oldest ports, Piraeus is famous for the 1960 film *Never on Sunday.* Just 20 minutes from Athens, Piraeus blends vibrant culture and coastal beauty with stunning beaches, waterfront cafes, and picturesque marinas. In the past four years, it has seen significant residential and commercial investments and modern infrastructure developments from major investors and real estate companies.

This new development will offer 408 units distributed over 6 floors in a total area of 29,900 m2. After the renovation, it will have apartments ranging from studios to two-bedroom apartments, cafes, restaurants, a rooftop bar, shops, a gym, leisure areas and offices.

SCOPE OF INVESTMENT
Golden Visa Investment Category: Property converted from commercial to residential

PROJECT BENEFITS
3% Annual Return Guaranteed
Capital Appreciation of 4%-7% annual estimation

Estimated opening: Spring 2027

Contact us for detailed information.

REF: HG1492
Advice on buying Portuguese property

Advice on buying Portuguese property

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

About HOMEGEST Real Estate Consulting, Lisbon

HOMEGEST is a boutique real estate company that offers a personalized service for international clients that are looking to buy a property, to make the best investment in Portugal or that want to relocate to our country. Our mission is to provide to our clients a service of excellence in the real estate market. We operate in Lisbon, Cascais, Silver Coast, Comporta, Porto, Algarve and Madeira. We are at your disposal to understand your needs and to guaranty the best purchase.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by HOMEGEST Real Estate Consulting, Lisbon (reference 280859_HG1492) 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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