Unique Investment Opportunity – Vila Tagus, Santarém
Mixed-use plot of 6840m² + 5 houses already rented
I present Vila Tagus, a rare investment full of charm in the heart of Santarém, with an absolutely unique view: the majestic Tagus River, the iconic Portas do Sol walls… and the best part?
This view will never be lost, as it is impossible to build in front. A true privilege!
This 6840m² plot includes:
5 rented houses with short-term leases:
• 1 2-bedroom apartment with private terrace
• 3 1-bedroom apartments with shared terrace and barbecue
• 1 studio apartment with a terrace too
All renovated, with one recently rebuilt from the ground up.
( The respective rental contracts range from 3 months to 1 year )
Appreciation potential: possibility of rebuilding 2 more houses on the same plot.
Strategic location:
• Just 5 minutes from W Shopping,
• Close to shops, services, schools and transport,
• And with a view guaranteed forever.
Ideal for:
• Local accommodation
• Medium- or long-term rentals
With a current yield of 7%, you can increase it to 9% by rebuilding the other houses and renting them out traditionally,
If you choose to invest in local accommodation, you can increase this yield to more than 17% per year ( This is based on a realistic occupancy rate of 65% and a rate of 60 euros/night.
Vila Tagus – the right investment, in the right place
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