For sale | college | 2.910 m2 | 4 Floors | 30 rooms | can be converted into housing | price upon request
Santiago do Cacém
Type of Property:
In the heart of Santiago do Cacem lies a historic school property. Covering an expansive 2,910 m2, it features three floors, home to 39 distinct rooms, and is accentuated by a 500 m2 terrace at its rear. Santiago do Cacem, positioned strategically between the scenic towns of Grandola, Comporta, and Melides, is witnessing a surge in growth. This property, rich in character and potential, can seamlessly transition into residential units, a sophisticated boutique hotel, a time share facility, or as housing for corporate staff. With the government's proactive steps to mitigate the housing crisis, there's the added advantage of converting this space into homes without the need for extensive bureaucratic changes or fresh licenses. The local Camara Municipal's acknowledgment of the region's growing housing needs ensures a smoother permit acquisition process. A point of significant interest is the upcoming Green Hydrogen factory in nearby Sines. With its promise of creating over a thousand jobs by 2030, the ripple effect on housing demand in the surrounding region cannot be understated.