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2+1 bedroom villa with land of 722 sq m 500m from the University of Aveiro

Aradas
190.000 € brochure
2+1 bedroom villa with land of 722 sq m 500m from the University of Aveiro
2+1 bedroom villa with land of 722 sq m 500m from the University of Aveiro
2+1 bedroom villa with land of 722 sq m 500m from the University of Aveiro
2+1 bedroom villa with land of 722 sq m 500m from the University of Aveiro
2+1 bedroom villa with land of 722 sq m 500m from the University of Aveiro
2+1 bedroom villa with land of 722 sq m 500m from the University of Aveiro
2+1 bedroom villa with land of 722 sq m 500m from the University of Aveiro
2+1 bedroom villa with land of 722 sq m 500m from the University of Aveiro
2+1 bedroom villa with land of 722 sq m 500m from the University of Aveiro
2+1 bedroom villa with land of 722 sq m 500m from the University of Aveiro
2+1 bedroom villa with land of 722 sq m 500m from the University of Aveiro
2+1 bedroom villa with land of 722 sq m 500m from the University of Aveiro
2+1 bedroom villa with land of 722 sq m 500m from the University of Aveiro
2+1 bedroom villa with land of 722 sq m 500m from the University of Aveiro
2+1 bedroom villa with land of 722 sq m 500m from the University of Aveiro
2+1 bedroom villa with land of 722 sq m 500m from the University of Aveiro
2+1 bedroom villa with land of 722 sq m 500m from the University of Aveiro
2+1 bedroom villa with land of 722 sq m 500m from the University of Aveiro
2+1 bedroom villa with land of 722 sq m 500m from the University of Aveiro
2+1 bedroom villa with land of 722 sq m 500m from the University of Aveiro
2+1 bedroom villa with land of 722 sq m 500m from the University of Aveiro
2+1 bedroom villa with land of 722 sq m 500m from the University of Aveiro
2+1 bedroom villa with land of 722 sq m 500m from the University of Aveiro
2+1 bedroom villa with land of 722 sq m 500m from the University of Aveiro
2+1 bedroom villa with land of 722 sq m 500m from the University of Aveiro
2+1 bedroom villa with land of 722 sq m 500m from the University of Aveiro
2+1 bedroom villa with land of 722 sq m 500m from the University of Aveiro
2+1 bedroom villa with land of 722 sq m 500m from the University of Aveiro
2+1 bedroom villa with land of 722 sq m 500m from the University of Aveiro
2+1 bedroom villa with land of 722 sq m 500m from the University of Aveiro
Reserved
  • Bed Icon
    Bedrooms
    4
  • Bathroom Icon
    Bathrooms
    1
  • Parking Icon
    Garage Parking
    No
  • Pool Icon
    Pool
    No
  • Energy Rating Icon
    Energy Rating
    E
  • Square Meters Icon
    Living area
    52 m2
  • Price Per Square Meters Icon
    Price p/ Sqm
    3653.85 €

(Property without Habitability License - does not allow bank financing)

This is the right opportunity for those looking to invest with solid profitability in an area in full expansion: Verdemilho, next to Crasto, just 500 meters from the University of Aveiro and ESSUA – School of Health. Investment with high potential – ideal for student rental and rehabilitation.

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House with high potential for profitability.

Technical Notes:
• Property without Habitability License (does not allow bank financing)
• House plan approved in 1955
• Plan of the annexes, adjacent to the house, approved in 1959

This is a unique opportunity for those looking to invest in an area in strong appreciation: Verdemilho, next to Crasto, just a 5-minute walk from the University of Aveiro and ESSUA – School of Health.
The strategic location and typology of the property make it a safe bet for renting aimed at students and health professionals.

Property features:
Single storey house T2+1, located on a plot of 722 m², with patio, cultivated land and several annexed buildings. The gross registered area is 72 m², but there are additional constructions that can be integrated, significantly increasing the floor area and the number of rooms.

With two fronts (West and South) and double access, the property is ideal for rehabilitation projects with a focus on student rentals.

Profitability projection:
With rehabilitation works (estimated at €75,000), it is possible to convert the registered space in plan, in up to 6 rooms with shared common areas. Each room can earn around €350/month, which represents a potential annual revenue of €25,200.

With an acquisition value of €190,000, the total investment is around €265,000, providing a Return on Investment (ROI) of 9.5%.

In addition, the existing annex constructions open up the possibility of creating a second housing unit or further increasing the room capacity, thus increasing the estimated final return on investment.

Prime location:
• 500m from the University of Aveiro and ESSUA (School of Health of the University of Aveiro)
• 500m from Burger King and Botafogo Roundabout
• 800m from Mercadona Supermarket (Av. Europe)
• 1 km from Lidl Verdemilho
• 1.6 km from Wisteria Plaza
• 2.5 km from Aveiro Hospital
• 4.2 km from Aveiro Train Station
• 12 km from Barra Beach

Expanding zone:
Verdemilho is currently one of the areas with the greatest urban dynamism in Aveiro, with growing demand from students, families and professionals. The urban context and proximity to the University of Aveiro make this property a strategic asset for those who want to invest in housing rental, acquiring a property that will continue to generate revenue in the future.

The right investment for those who want to transform, value and obtain an above-average return.

Exact location (Google maps): https://maps.app.goo.gl/85cA4jvje4UKrVfe7
GPS: 40.621173, -8.656450

Other Features

  • Garden
  • Kitchenette
  • Storage Utility Room
  • Guest Cottage
  • Bread Oven
  • Borehole
  • Main Drainage
  • Parking Space
  • Well
  • Sealed Land Area
  • Mains Water

Property Location