Building for sale in Lisbon of 177 m²

Timely Investment! Income building located in the historic area of ​​Sta. Apolónia, offering a guaranteed return. This condominium property consists of four floors, from the ground floor to the upper three floors, all with lease contracts in force.

Each floor offers a specific layout:

On the ground floor, a 23m2 studio with a 9m2 outdoor balcony.
On the first floor, a 27m2 one-bedroom apartment.
On the second floor, a 53m2 T2 apartment with a 22m2 outdoor patio.
On the third floor, a 43m2 one-bedroom apartment.
The first two floors have been completely renovated and are rented, respectively, for 825/month and 800/month, with one-year contracts starting in April. The second floor benefits from a former, lifetime rent of 180/month, offering significant upside potential. The third floor is currently rented to an IPSS for 570/month, with the possibility of increasing the rent after renegotiation in August this year.

With a current annual income of 28,500, this building already presents an excellent return. Furthermore, considering renovation work on the second and third floors, potential rents could be considerably increased, in line with regional benchmarks.

Don't miss this solid investment opportunity in a coveted historic area. Contact me today for more information and to schedule a visit!
I speak French, English and Italian.
I share 50/50 with all agencies.
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