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600 m2
Ref: OELO-01
Commercial property - , Oeiras, for sale
Retail Unit — Community Center with Potential for Refurbishment
Key Details
Net Net Living Area: > 600 m² (entire floor)
Condominium Fee: €1,600/month
Sale Price: €1,550,000
1. Property Highlights
Prime Location in the Community Shopping Centre
Located on the 1st floor of Palmeiras Shopping, directly in front of the main corridor and the restaurant area. In operation since 1986, the shopping centre attracts a stable base of local residents and office workers.
Expansive and Flexible Layout
More than 600 m² of adjoining space currently configured as a fashion store. Easily subdivided into multiple units or left open plan. Vacancies on the upper floor present a unique opportunity to "remodel and relaunch".
Restore Cluster Embedded Traffic
Adjacent to the food court and Cinema City, benefiting from the continuous circulation of customers between the dining and entertainment outlets - ideal for increasing dwell time and sales.
Comprehensive Property Management
€1,600/month covers common area cleaning, landscaping, HVAC maintenance, and fire safety, as well as 24-hour security, ensuring worry-free operations.
Potential for Revitalization of the Brand and Concept
The presence of vacant units provides space for new F&B concepts, leisure experiences, art exhibitions or pop-up events – perfect for establishing a new community landmark.
2. Transportation and Surroundings
Public Transport: The entrance to the mall is served by a major bus terminal with direct routes to Lisbon and neighboring cities.
Road Access: Only 5 minutes drive to the A5 motorway; Lisbon Airport accessible in 15 minutes.
Local Amenities: Surrounded by luxury residential developments, international schools, medical centers, and green spaces - ensuring consistent traffic throughout the day and weekend.
3. Investment and Operating Value
Stable Income: Community-focused units are in short supply; Rental rates remain robust with a projected yield of 5%+ per year.
Area Renovation Advantage: As Nova Oeiras continues to modernize, older community centers, such as Palmeiras Shopping, are poised for reassessment and revitalization.
Versatile Acquisition: Suitable for owner-occupancy or multi-tenant rental; low remodeling costs and high layout flexibility.
Key Details
Net Net Living Area: > 600 m² (entire floor)
Condominium Fee: €1,600/month
Sale Price: €1,550,000
1. Property Highlights
Prime Location in the Community Shopping Centre
Located on the 1st floor of Palmeiras Shopping, directly in front of the main corridor and the restaurant area. In operation since 1986, the shopping centre attracts a stable base of local residents and office workers.
Expansive and Flexible Layout
More than 600 m² of adjoining space currently configured as a fashion store. Easily subdivided into multiple units or left open plan. Vacancies on the upper floor present a unique opportunity to "remodel and relaunch".
Restore Cluster Embedded Traffic
Adjacent to the food court and Cinema City, benefiting from the continuous circulation of customers between the dining and entertainment outlets - ideal for increasing dwell time and sales.
Comprehensive Property Management
€1,600/month covers common area cleaning, landscaping, HVAC maintenance, and fire safety, as well as 24-hour security, ensuring worry-free operations.
Potential for Revitalization of the Brand and Concept
The presence of vacant units provides space for new F&B concepts, leisure experiences, art exhibitions or pop-up events – perfect for establishing a new community landmark.
2. Transportation and Surroundings
Public Transport: The entrance to the mall is served by a major bus terminal with direct routes to Lisbon and neighboring cities.
Road Access: Only 5 minutes drive to the A5 motorway; Lisbon Airport accessible in 15 minutes.
Local Amenities: Surrounded by luxury residential developments, international schools, medical centers, and green spaces - ensuring consistent traffic throughout the day and weekend.
3. Investment and Operating Value
Stable Income: Community-focused units are in short supply; Rental rates remain robust with a projected yield of 5%+ per year.
Area Renovation Advantage: As Nova Oeiras continues to modernize, older community centers, such as Palmeiras Shopping, are poised for reassessment and revitalization.
Versatile Acquisition: Suitable for owner-occupancy or multi-tenant rental; low remodeling costs and high layout flexibility.
Property Features
- Floors: 1