Building in Arrecife with project

Property with more than 550 square metres built, distributed between two buildings, on plots totalling 400 square metres.

The property consists of two buildings, distributed as follows:

• Building 1:

The ground floor comprises approximately 175 m² of garage space facing the front street, plus an additional 40 m² of garage opening onto the interior “garden”, with access from the rear street.

On the upper floor, there is a residential unit of approximately 170 m², as well as an interior terrace, partially covered with a pergola and including a room, totalling around 40 m².

The rooftop terrace is accessible and includes a utility/laundry room.

• Building 2:

Accessed from the rear street, this building consists of a duplex divided into two small apartments, currently in very poor visual condition (non-structural), with a total built area of approximately 125 m².

Between the two buildings, there is a flat interior “garden” area with access from the rear street, measuring approximately 130 m², with space to park up to four vehicles.

The property benefits from a project already paid for, representing a significant advantage for development.

The project includes:

• Ground floor: commercial premises + 2 residential unit

two-bedroom apartment

one-bedroom apartment

• First floor: 3 one-bedroom apartments

In total, the project comprises one commercial unit and five residential units, making it ideal for developers or investors seeking profitability.