Building - , Caldas da Rainha, for sale

Building in total ownership, near Parque D. Carlos I, in Caldas da Rainha, for Investment.

Building in full ownership, with excellent investment potential, close to the iconic D. Carlos I Park, in Caldas da Rainha — ideal for those looking for the possibility of expansion.

Property details:
Total area: 445.30 m²
Implantation area: 381.30 m²
Gross private area: 680.00 m²

Composition:

Right Ground Floor: T-2 => 64.11 m² with a patio of 21.25 m²
Left Ground Floor: T-2 => 67.45 m² with a patio of 21.25 m²
Ground Floor Shop => service area currently leased with 181.65 m²
1st Floor Right: T-3 => 110.83 m²
1st Floor Left: T-3 => 72.54 m²
2nd Floor Right: T-4 => 110.83 m²
2nd Floor Left: T-3 => 72.54 m²
PIP approved for the construction of 2 more apartments (potential for significant expansion) in the store area or if you prefer you can adapt to garages/parking.

Why invest in this building?

Premium location
Close to Parque D. Carlos I, one of the most valued areas of Caldas da Rainha, where the demand for quality housing is constant. Many buyers are looking for properties close to green spaces, services, restaurants, local shops, schools, with the possibility of living in the city, practically without using a car.

Strong growth potential:

The apartments, once refurbished, can reach very competitive values per square meter, taking advantage of the market's appetite in the parish of Nossa Senhora do Pópulo for modern and well-located properties.

Expansion with PIP

The fact that it has PIP approved to add 2 apartments gives an extra margin of future appreciation.

Generous areas

With 680 gross private m² and 381 m² implantation, it offers a good distribution of spaces and possibilities to remodel, modernize, optimize and subdivide according to better returns.

Estimated prices/m² in the parish of Nossa Senhora do Pópulo:

Based on recent ads on real estate portals:

A ~94 m² 2 bedroom apartment in that parish was advertised for €192,500 → that's about €2,045/m².

Other T3 in the center were for ~€235,000 for ~120-130 m², which gives ~€1,800-2,000/m².

Therefore, after refurbishment and modernization, the apartments in this building (with such a strong location and with good finishes) could reach between €1,900 and €2,500/m², or more, depending on the finishes, which provides very interesting profit margins for investors.

Future vision and competitive benefits:

Refurbish apartments to a high standard or hybrid method (some with premium finishes, others more standard) to diversify sales prices.

Potential to rent as well, given that proximity to the center and green spaces is valued by professional tenants, students and families.

Expansion with the two new apartments will allow the division of fixed costs of the building (maintenance, fees, condominium) by more units, increasing net profitability.

The real estate market in Nossa Senhora do Pópulo has shown resilience, with demand for rehabilitated/modernized properties growing.

If you are an investor, developer, or have the capital to activate this potential, this building is a rare opportunity with high theoretical returns + current yield + guaranteed upside potential.

Contact me now and let's schedule a visit and analyze together the real value of this property.

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