Buildings for sale with videos in Condeixa-a-Nova, Coimbra, Portugal

Multifunctional building with active income and strong appreciation potential, located in Condeixa-a-Nova, 10 minutes from Coimbra, with direct access to the A13 motorway and positioned within a consolidated axis between cultural tourism (Conimbriga), religious tourism (Fatima) and university hub (Coimbra). This is an asset generating immediate cash flow with potential for operational repositioning towards tourism exploitation, coliving or hybrid income models. The property comprises 17 bedrooms with private bathrooms (mostly with capacity for 2 to 3 beds), 1 one-bedroom apartment, 1 two-bedroom apartment and 3 commercial shops with active contracts, ensuring revenue diversification and income stability from the moment of acquisition. The asset’s occupancy thesis rests on three pillars of structural demand: short-term tourism associated with Coimbra and Conimbriga, religious flows associated with Fatima and recurring demand from students, relocated professionals and medium-term stays. This combination significantly reduces typical sector seasonality and supports high occupancy levels throughout the year. In a base operational scenario, with professionalized management and positioning in short/medium-term accommodation, a conservative approach of 55% average annual occupancy and an effective average rate of €30 per night per room is considered, reflecting a realistic and sustainable pricing strategy. This translates to an approximate annual income potential of €187,000 in the bedroom segment. To this value are added the one-bedroom and two-bedroom apartments in traditional rental, with approximately €9,600 and €7,200 per year respectively, as well as the 3 commercial shops with active contracts, valued at approximately €12,600 per year. Total estimated gross annual revenue in base scenario: approximately €216,400 per year. In an optimized scenario, through professional occupancy management, revenue management and progressive improvement of commercial positioning, there is potential for increased occupancy and average rate, significantly raising the asset’s overall income. This is an asset with a rare characteristic in the current market: partial immediate income, solid structural demand base and real margin for operational optimization, allowing the investor to act both on cash-flow security and on value creation through active property management. #ref: 956997