Living Portugal Property - Real Estate Investment Consultants

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Charming Building in Lapa with Open Views to the River Lapa (Lisbon, Lisboa, PT - 1200) Built

€1,500,000

Living Portugal Property

ronald wayne ronald wayne +351 92 777 1776 (Cell) Request More Info

  • Type: Other
  • Style: Apartment
  • Bedrooms: n/a "Multiple"
  • Bathrooms: n/a "Apartments"
  • Size: 375 sq. m.
  • Lot Size: 175 sq. m.

Description

Charming Building in Lapa with Open Views to the River
Lisbon, 1200, Portugal

Nº of Apartments x 5
Type T1 + 1 (Ground and first floor apartments also have exterior patios)
Building Area - 375m2
Garden Area- 100m2
Status - Very Good
No lift or Garage

Building with five apartments and excellent condition in the heart of Lapa with generous areas and fantastic views to the river.

A top choice due to the potential to transform the 375m2 of building area into 5 luxury apartments.

It has more than 100m2 of exterior areas.

Safe investment due to the historical prestige of Lapa and exceptional views.

Only the interior of each unit will need a more contemporary approach.

Unique opportunity to acquire a genuine stable income from a secure asset in the most desirable neighbourhood of Lisbon.

Currently occupied:
Tenants x 5
4 annually renewable contracts
1 old tenant rent on a low rent

Potential income from short-term / holiday rentals could be €600 per apartment per week or €144,000 per annum

This building is offered for sale at €1,500,000

Attachments

P2#242459254
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