Mix Use Building in Malveira e São Miguel de Alcainça

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Overview

0-bedroom, 1-bathroom mix_use_building of 437 m², energy rating D. Located on rua Professor Armando Lucena, 3A, Malveira e São Miguel de Alcainça parish, Mafra municipality, Lisbon district. Noteworthy Features: This property features a large open space that allows for versatile configurations, alongside a strategic location near public transportation ensuring high foot traffic. Valuation Verdict: FAIR

Financial Summary

The valuation. There are not enough comparable sales in this area yet to establish a reliable fair-value estimate. Buy-to-flip angle. Given the building's condition of 0/100 and its mixed-use potential, there is an opportunity for significant renovation and resale at a premium. Buy-to-let angle. The property has potential for long-term rental due to its suburban location and access to reputable schools, positioning it well in the rental market.

Investment Thesis

Long-term rental This property, with a size of 437m² and located in a suburban area, has the potential to attract stable tenants seeking a long-term residence due to its reasonable access to Lisbon and good reputation of local schools. With a neighbourhood score of 66/100 indicating a decent living environment, it presents an opportunity to generate steady rental income. Family rental The combination of suburban safety and nearby educational institutions makes this property an attractive option for families looking to settle down in a quieter setting while maintaining good access to urban amenities. The sizable 437m² space can accommodate families comfortably, making it well-suited for long-term family rentals. Buy-and-hold Investing in this 0-bed mixed-use building in a suburban area provides the opportunity for long-term appreciation and rental income, especially as the region continues to develop and attract residents. The neighbourhood's relatively high score suggests that, over time, property values may increase, offering an advantageous hold strategy. Not ideal for luxury market Due to the neighborhood characteristics and average ratings, this property does not meet the expectations typically associated with the luxury market, which requires high-end amenities and locations. Prospective investors should focus on other strategies more aligned with the property’s profile. Not ideal for short-term rental Given the zero gross yield and lack of amenities suitable for short-term stays, this property is unlikely to attract tourists or transient tenants, which are critical for a successful short-term rental strategy. Investors should consider other rental strategies that capitalize on the building's unique suburban qualities. Not ideal for student housing The property’s suburban location and the absence of nearby universities limit its appeal for student housing, where market demand often concentrates around educational institutions. Consequently, leveraging this building for student rentals may not yield the expected returns.

Risks

Economic Vulnerability With an economic stability score of 65/100, there is a potential risk of declining market conditions that could impact property values and tenant demand negatively.

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