Flat / apartment for sale in Centro Tradicional
6 Bed • 6 Bath • 167 m² • Floor 1
AI Analyst
Coliving"Unique 167 m² property in Centro Tradicional, formerly a 6-room hostel, offers flexible redevelopment options in a prime city-center location with concierge and elevator—ideal for value-add investors seeking strong urban demand."
Pros
- •Prime central location with high rental demand
- •Flexible layout allows multiple investment strategies
- •Building amenities include concierge and elevator
Cons
- •Requires significant renovation to maximize value
- •Change of use may involve regulatory hurdles
- •No terrace or outdoor space, limiting appeal to some tenants
Description
For sale: a unique property with possibility of change of use, located in a prestigious building from 1955, which has a concierge and elevator. It previously functioned as a hostel with 6 rooms and 6 bathrooms, offering multiple opportunities for development. To better illustrate its potential, AI-generated images have been created, showcasing different possibilities: Keep the current layout with 6 rooms and en-suite bathrooms. Convert the property into 2 independent units. A property in an excellent location with huge investment potential right in the heart of the city. [IW].