Building under Refurbishment in the Heart of Lisbon – ID 2092103

Excellent real estate investment opportunity in the heart of Lisbon, next to Chiado and Bairro Alto, in one of the most emblematic streets of the city Rua Diário de Notícias. Building in the final stages of refurbishment, with three apartments already completed (1st, 2nd and 3rd floors). Ideal for medium-term rentals, students or digital nomads. Key features: 4 floors in total Total gross area: 218 m² Implantation area: 57 m² Private area: 185 m² Totally vacant no tenants Ready to bookkeeping without bureaucracy Immediate delivery after completion of the works Building Distribution: Ground Floor: Versatile space (mixed use) with 3.5 m ceiling height Magnificent stone arch from the nineteenth century 1 WC + Kitchenette It can function as an atelier, shop, gallery, office or T2 housing Covered Area: 57 m² | Living area: 50 m² 1st Floor: T3 - 43 m² 2nd Floor: T3 - 48 m² 3rd Floor: T2 - 40 m² Total: 8 rooms | 6 toilets Equipment and Finishes: Kitchens and kitchenettes new and equipped with modern appliances Air conditioning in all rooms Furnished and ready-to-rent apartments Refurbishment works included in the sale price Profitability and Potential: Possibility of conversion to Horizontal Property (4 fractions) Estimated market value per fraction: €470,000 Expected profitability: 20% to 30% Estimated annual gross income: €108,000 Return on investment in less than 13 years Prime Location: Located in one of the most iconic and touristic areas of Lisbon, next to Chiado and Bairro Alto, with easy access to transport, commerce, culture and nightlife. Ideal for investors looking for an asset with high profitability, high demand and ready to generate immediate return. Condition of Sale Price includes: final works, furniture and equipment Negotiation possible before the completion of the requalification (expected in May 2024) Immediate delivery after deed Contact us for more information or to visit the property. A rare investment opportunity in one of the most sought-after locations in Lisbon! Energy Rating: E #ref:PREPEF001

building of 148 m²

Lisbon, Lisbon Region, Portugal

Location