Apartment complex for sale in Coimbra, Portugal

We present an excellent investment opportunity in the heart of Baixa de Coimbra, a traditional and highly valued area, perfect for investors looking for a property with high profitability potential. Property Description: Price: 400,000 euros (negotiable) Composition: Three floors Between 10 and 11 rooms (ideal for renting to students) Each floor equipped with a bathroom and kitchen Spacious shop on the ground floor, currently rented for 600 euros/month Area: Extremely attractive for students, ensuring high demand and constant occupancy. Investment Highlights: Attractive Profitability: Total annual revenue estimated at approximately 36,900 euros, representing an annual yield of around 10%, based on the current price of 400,000 euros. Potential to increase profitability with minor improvements to the rooms, allowing for adjustments in rental prices. Prime Location: Located in Baixa de Coimbra, one of the city's most vibrant and dynamic areas. Close to universities, shops, services, and public transport, consistently attracting students and professionals. Stability and Security: Strong demand for student rentals, ensuring continuous occupancy of the rooms, providing a secure and predictable source of income. Value Appreciation Potential: Baixa de Coimbra is an area in constant appreciation, with several revitalization and modernization projects underway, increasing the property's value in the medium and long term. This is the ideal time to acquire a property with great return potential and a prime location. Don’t miss this opportunity for a secure and profitable investment! #ref: 126687.

Additional Property Information:
• Bathrooms: 4
• External size: 55 m²
• Size: 238 m²
• Energy Rating: F
• Reference: 126687