This building for renewal is in vertical property and has 3 independent entrances, one per floor, is located on a quiet street in the center of Bucelas. It has great views of the village and the surrounding mountains. It was built in 1959 and is in a reasonable state for a building that has not yet undergone refurbishment. It is part of urban rehabilitation area that being eminently housing is compatible with tourist, industrial and other services.
The 3 rooms with independent entrances are: a warehouse in the Basement (not buried) with direct entrance to the Street and a patio of 100m2 in the back; a 2 bedroom apartment on the ground floor with privacy and with balcony to the rear; a 2 bedroom apartment on the 1st floor with 2 balconies. The apartments are large, have great light and enjoy unobstructed views.
Each "division with independent entry" resembles a fraction of a building in horizontal property. Each division is likely to be leased to different people/entity, which allows an excellent return on investment.
It's a versatile building with a lot of potential. Easily can be constituted the horizontal property and the warehouse area and patio of the building can be transformed into parking for the 2 housing units. The building was built to support another floor, which is possible, according to the Loures PDM.
Bucelas is a small village with a lot of history and is strategically situated 30 minutes from the center of Lisbon, the Parque das Nações or Ericeira. Bucelas is a point of passage and mandatory for those who appreciate the good Portuguese cuisine, the fragrant Arinto and the equestrian world, attracting more and more domestic and foreign tourists. At present, there is a lot of demand for Local Accommodation in Bucelas and this building has 2 excellent T2 for tourist rental.
Bucelas is also increasingly sought after by families who favor quality of life, in a more rural area, but with a great range of services and close proximity to Lisbon.