luxury seaside apartments / penthouses for rent Portugal

Located in a prime area of Estoril, this three-story waterfront building offers a unique investment opportunity. With a total area of 814 square meters on a plot of approximately 1100 square meters, the property is currently undergoing a project submission to the local authorities, allowing for reconstruction and expansion to a total built area of 1311 square meters. The building stands out for its versatility, making it ideal for conversion into a hotel, clinic, or maintaining its use as a residential property with individual units. The proposed project includes two one-bedroom apartments, two two-bedroom apartments, and two three-bedroom apartments, optimizing space utilization and enhancing the property's value. Despite its age, the structure is in excellent condition, providing a solid foundation for any renovation. With a horizontal property regime already in place, this building offers multiple investment possibilities, whether for residential or commercial purposes. Just meters away from the iconic Casino Estoril and boasting a breathtaking frontal sea view, this property enjoys an exceptional location. Its proximity to essential services such as supermarkets, hospitals, schools, and restaurants further enhances its appeal to investors and future residents. Regarding accessibility, the property is close to major roadways, ensuring quick connections to Cascais, Lisbon, and other areas of Greater Lisbon. The Estoril train station is within walking distance, providing convenient public transport options for frequent travelers. Estoril is one of the most prestigious areas along the Cascais coastline, known for its charm and sophistication. With top-quality beaches, a cosmopolitan atmosphere, and a variety of cultural and leisure activities, this location remains highly sought after by investors and those seeking a high-quality seaside lifestyle.