Located in the historic center of Cascais, just a few minutes’ walk from Praia da Rainha, this building presents a unique opportunity for those looking to invest or develop a residential solution in one of the town’s most sought-after areas. It is a family jewel, passed down through generations, with a history closely tied to Cascais’ evolution as a renowned coastal destination. The property has an approved project for the creation of three apartments and a retail unit on the ground floor. The planned layout spans three floors, with one unit of approximately 170 sqm and two units of around 150 sqm each, in addition to the commercial space with direct street access. The shop adds a distinguishing feature to the project, allowing either independent use or integration into the overall concept. The current configuration preserves elements of the original construction and highlights the character of the building, with a solid structure, generous openings and strong potential for an intervention that respects its identity while introducing contemporary comfort. Located within an Urban Rehabilitation Area, it benefits from a favourable framework for renovation works, including access to applicable tax incentives. In the immediate surroundings there is a full range of services and commerce, including supermarkets, restaurants, cafés, pharmacies, schools and traditional shops, all within walking distance. Its proximity to Cascais Bay, Jardim Visconde da Luz and Praia da Ribeira further enhances the appeal of this central, seaside location. Road access is excellent via the Marginal and A5, connecting Cascais to Estoril, Sintra, Lisbon and the international airport. Cascais train station is also close by, providing a direct connection to Lisbon. Combining historical presence in Cascais’ urban fabric, a prime coastal location and strong redevelopment potential, this building offers the possibility to create a distinctive residential product with a commercial component in an area where supply is limited and demand remains consistent.