Sintra, Lisbon 2705-205

Exclusive building in Colares, offering excellent profitability potential and located in one of the most emblematic areas of Sintra, surrounded by nature and close to the region's most sought-after beaches. With a total gross area of 400 m2, the property consists of 10 independent units: a shop for rehabilitation, a garage, three apartments (one studio and two one-bedroom units) also in need of refurbishment, and five apartments already licensed and currently operating as short-term rentals. These last units are studios and one-bedroom apartments, fully equipped with kitchen and bathroom, ensuring comfort and functionality for every stay.~~The short-term rental activity began in 2023, immediately generating a profit of 44,295 in its first year. In 2024, after further optimization, it reached 71,394, clearly demonstrating its high potential for return and value growth. This combination of income-producing units and others available for renovation offers opportunities both for investors seeking immediate returns and for those looking to expand and further enhance the property's value.~~The location is another of this property's greatest assets: just 5 minutes from Praia Grande and Praia das Mas, as well as near Praia da Adraga and Praia da Ursa, offering a tranquil and natural environment full of authenticity. Within a few minutes you will also find supermarkets (including Continente), local shops, and essential services. The building is located right next to Sintra's historic tram line, which runs between Praia das Mas and Sintra's historic center - a unique attraction for both domestic and international visitors.~~This building in Colares offers the best of both worlds: the serenity and natural beauty of Sintra combined with proximity to the coast and a well-established, highly profitable short-term rental business. A unique opportunity for investors seeking immediate profitability, future growth potential, and a property with a prime location and singular character.