Shop for sale in Colares

Single building for sale in Colares, Sintra, with enormous income and appreciation potential. This property, with a gross floor area of 400 m², comprises 10 units: one shop for refurbishment, one garage, three apartments to be renovated (one T0 and two T1s) and five apartments already completed and licensed for Short-Term Letting (T0s and T1s). All the apartments in tourist operation are equipped with a bathroom and kitchen, and have been in operation since 2023, a year in which they generated a profit of €44,295.00. In 2024, following optimisation of the operation, they achieved an impressive result of €71,394.00, demonstrating the high profitability of the business and its strong growth potential.

The location is one of the great highlights of this property: situated in Colares, a quiet area surrounded by nature, just 5 minutes from Praia Grande and Praia das Maçãs, as well as the iconic Praia da Adraga and Praia da Ursa. Its proximity to Sintra's historic tram, which links Praia das Maçãs with the historic centre, adds extra charm and makes access to the village even more convenient and attractive for tourists. Less than 5 minutes away there is also a Continente and several local supermarkets, ensuring convenience for guests and residents alike.

This is a rare opportunity for investors seeking a building with immediate income and the potential for future appreciation through refurbishment of the additional units. Ideal for those wishing to operate or expand a Short-Term Letting business in one of Portugal's most touristic and sought-after regions.