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Property for sale

Covilhã, Castelo Branco, Portugal

£1,826,181 *  [€2,200,000]

Property for sale

Covilhã, Castelo Branco, Portugal

£1,826,181 *  [€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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