Building for buy in Almada

Building in Almada -Velha with approved plan for street-level restaurant and local accommodation (six rooms above the restaurant that include kitchen in each room, shared lounge space, shared kitchen, space with terrace area.
There is also the possibility of converting space into other options, such as Hostel space, Digital Nomad Hub (among others).
Formerly known as Toby Café, this property is ready for refurbishment at this stage.
There are many benefits to buying and remodelling in the ARU Zone (Urban Rehabilitation Area), such as the IRS deduction, tax exemption for a few years, reduction of capital gains tax, reduced IMI, among others.

This space is located in the busiest area of Almada, in front of the Teatro Cine Fantástico. The distance to Lisbon is just an 8-minute ferry ride, departing every 15 minutes from the Cacilhas River Terminal, or a 20-minute drive across the famous 25 de Abril Bridge.

This building has an approved construction project for one ground floor and two floors above:
-Street-level business of your choice, with en-suite bathroom
-Two upper floors consisting of six bedrooms, four bathrooms
-Kitchen and living room for guests
-A huge sunny outdoor terrace on the 2nd floor

It is situated on a newly converted pedestrian road without traffic, where other businesses already exist and which will soon become a tourist spot, such as the very popular tourist pedestrian area of Cacilhas, in Almada.
This is an excellent investment opportunity considering the estimated value for the entire area adjacent to the Municipality of Almada.

On the ground floor/street level on Rua Capitão Leitão, there is a spacious area for a business, be it a restaurant, pub or similar, as the pedestrian path lends itself to restaurants, AL establishments, etc. As you can see from the building plans, I was planning to open a restaurant and bar on the ground floor, with a long counter and chairs around it, allowing the bartender to serve drinks and cocktails while the chef prepares the food for customers. The buyer will be able to place tables, chairs, and umbrellas on the pavement outside the restaurant space to serve meals and beverages.

This property is also close to nurseries, gyms, schools, hairdressers, other restaurants and pubs.

Co-working, accounting and computer spaces also have their offices in Almada Velha.