We present an excellent investment opportunity in the heart of Coimbra, in Celas, one of the most sought-after areas of the city. This set of two interconnected buildings combines commercial and residential spaces, offering high potential for both personal use and rental income. With a prime location, close to hospitals, universities, and various services, this property stands out for its versatility and strong appreciation potential.
The first building, in good condition and ready to live in, has a total area of 252 m² and is distributed over three floors. On the ground floor, there is a fully operational pastry shop, equipped with a sales and production area, providing an established business with a loyal customer base. The first floor features a spacious lounge, ideal for various uses, along with a fully equipped kitchen, a bathroom, and a pleasant indoor garden, adding charm and tranquility to the space. The second floor includes three spacious bedrooms, one of which is a suite, and a common bathroom, ensuring comfort and functionality for a family or a rental opportunity.
The second building, with a total area of 284 m² + 40 m², requires some refurbishment work but offers great potential for appreciation. On the ground floor, there is a working bakery, equipped with a sales and production area, as well as separate male and female bathrooms, ensuring compliance with hygiene and safety standards. The basement serves as a storage area, providing additional space. The first floor of this building offers a large residential area, consisting of five bedrooms, a spacious living room, a kitchen, an office, and a full bathroom. One of the main highlights of this floor is the large terrace, which provides an excellent outdoor space for leisure or potential future expansions. The attic further expands the living area, featuring two additional bedrooms, a bathroom, and direct access to the terrace. This section requires some renovation to optimize its use.
Key Highlights and Investment Potential
- Established Commercial Spaces: Both the pastry shop and bakery are already operational, ensuring a steady flow of customers and immediate income.
- Large Residential Area: With multiple rooms, the property can be used for personal living, long-term rental, or short-term accommodation.
- Strategic Location: Situated in Celas, one of Coimbra´s most desirable areas, the property benefits from proximity to hospitals, universities, schools, public transport, supermarkets, and other essential services.
- High Appreciation Potential: Although the second building requires some renovations, it can be transformed into several residential units or upgraded to maximize its profitability.
- Pleasant Outdoor Spaces: The indoor garden and large terrace provide unique outdoor areas, a valuable feature for those who appreciate green spaces and relaxation.
This property presents a unique opportunity for investors or those looking to combine housing and business in the same location. Whether you choose to continue with the existing commercial establishments, convert the spaces into multiple housing units, or modernize the structure to maximize return on investment, this set of buildings offers exceptional versatility.
Don´t miss this opportunity! Contact us for more information or schedule a visit today.
Read more