Welcome to the oldest student city in Portugal!
We have a great opportunity for you to invest in Coimbra.
For Sale! Building for investment in Coimbra!
Excellent building for investors who are looking for high profitability with a total gross building area of 788.96m2. For total recovery works.
Intended for Housing and Commerce, in a privileged area in the heart of downtown Coimbra on Rua Terreiro do Mendonça. Close to the University and the Old Cathedral. The building is located next to Coimbra A station, close to all goods and services with excellent public transport service.
Property consists of ground floor; 1st floor, 2nd floor.
On the ground floor, there is a commercial space with 2 floors with an area of about 399.2 m2.
Distributed on the 1st and 2nd floors are 17 rooms and 2 bathrooms with an area of about 195.9 m2 on Floor 1 and 193.7 on Floor 2.
Excellent investment either for studios or suites for student residence, which is in high demand in this university city and especially in the areas close to the faculties. And the commercial space can be used for as Cowork space, offices, dance or yoga studio, stores, etc.
It could also adapt to a Hostel in the heart of the city with restaurants below.
Virtual Visit 3D: https://my.matterport.com/show/?m=8e9rTrY66kv
Asking price: 530.000 €
Coimbra is a district capital, the largest city of the Centre Region of Portugal with around 150,000 inhabitants.
The city is near to both the mountains and the sea: 40 minutes away from “Serra da Lousã” – which belongs to the European network of protected areas, famous for its schist villages – and 2h30 away from “Serra da Estrela” – the highest mountain of Continental Portugal, well-known for its snow sports and local gastronomy. The beautiful beaches and seaports of Figueira da Foz and Aveiro are only 50 minutes away.
The good road and railway infrastructures and the transportation network allows you to arrive at the Lisbon airport in two hours and at the Porto airport in one hour, from where daily cheap flights depart to the several European capital cities. Travelling by car, you can arrive in Salamanca in three hours and in Vigo in two hours. From Coimbra train station B you can take international trains to Madrid and Paris.
Coímbra is known worldwide for its famous historic university, which is the oldest in Portugal. It was founded in the 12th century, and its historic importance is such that it has been named a UNESCO World Heritage Site.