Mix Use Building in Queluz e Belas

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Overview

0-bedroom, 0-bathroom mix_use_building of 500 m², built in 1977, energy rating C. Located on avenida José Elias Garcia, Queluz e Belas parish, Sintra municipality, Lisbon district. Noteworthy Features: This fully leased property offers immediate income and the potential for horizontal property conversion, allowing the sale of 12 individual units. Location Advantage: Situated on Avenida José Elias Garcia, it guarantees high visibility and foot traffic.**

Financial Summary

The valuation. There are not enough comparable sales in this area yet to establish a reliable fair-value estimate. This uncertainty necessitates careful consideration before proceeding with investment decisions.

Investment Thesis

Long-term rental The 0-bed mixed-use building in Queluz e Belas, given its 81/100 neighbourhood rating, presents a promising long-term rental opportunity by attracting stable, quality tenants from the suburban Lisbon area. With proximity to Lisbon, it benefits from strong amenities and employment opportunities, making it an advantageous choice for landlords seeking reliable income. Family rental This property can cater to families looking for rental options due to the low crime rates in the area, providing a safe environment for children. The vibrant community and accessibility to local amenities further enhance its appeal to long-term family renters. Buy-and-hold Investing in this mixed-use building represents a solid buy-and-hold strategy, leveraging the quality of the neighbourhood and potential development upside as the surrounding area continues to evolve. The strategic location near Lisbon ensures that the property maintains its value, making it a viable long-term asset for investors. Not ideal for student housing Given the property's characteristics and location, it does not align with the demands typically associated with student housing, which requires proximity to educational institutions and vibrant social activities. Therefore, the limited market for renting to students makes this strategy unfeasible. Not ideal for short-term vacation rental The lack of appeal for short-term vacation rentals stems from the building's condition and the quieter suburban setting, which doesn't attract transient visitors like more central locations. As a result, this strategy is unlikely to generate significant returns for investors. Not ideal for luxury market The mixed-use nature and current condition of the property do not fit the expectations of the luxury market, which demands high-end finishes and premier locations. This disconnect from luxury buyer expectations renders this strategy ineffective for this asset.

Risks

Economic Sensitivity The property may face challenges during economic downturns given its relatively high economic stability score of 85/100, potentially leading to fluctuating occupancy rates.

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