Building for sale in Lisboa

Arroios
2 000 000 €Sale
id. 124651083-486
928 m²

Description

Investment opportunity near São José Hospital, Lisbon On Rua Martim Vaz, a few steps away from São José and Martim Moniz Hospitals, as well as Praça Martim Moniz, we present a 4-storey building (with the top floor being an attic level) with 1,104 m² of gross area and 8 units: 7 apartments and 1 retail unit. Ground floor: 1 apartment and 1 street-front retail unit 1st and 2nd floors: 2 apartments per floor Attic floor: 2 apartments Returns Fully leased, with some apartments requiring renovation, offering an opportunity to refurbish, asjust rents and inmcrease the asset's value. There is also the possibility of short-term rentals, as several such units already operate on the same street. Furthermore, there is a possibility of establishing a horizontal property regime (subject to verification of the legal requirements with Lisbon City Council). Location and points of interest Central location, with easy access to the metro, the iconic tram 28, the historic districts of Mouraria and Intendente, São Jorge Castle, Rossio, Baixa and Chiado, as well as NOVA Medical School (Faculty of Medical Sciences) at Campo dos Mártires da Pátria, also a few minutes away. In a market where the supply of refurbished properties in central Lisbon remains scarce, this property is ideal for investors seeking immediate rental income with potential for capital appreciation, developers interested in renovation and subdivision or anyone looking to create value through the acquisition of a complete building in the heart of Lisbon. Contact us for more information and to schedule a viewing.

Details

Gross Area m²
928
Total Lot Area m²
392
Living Area m²
928
Year of Construction
1950
Elevator
No
Parking
No
Electric Car Charging
No

Map

Rooms

Kitchen
Bedroom
Living Room

Contact Agent

RE/MAX Extra
RE/MAX Extra
Real Estate Consultant
+351 962 552 222 · National mobile

Mortgage Calculator

Property value2 000 000 €
Down Payment
200 000 €10%
Amortization Period:30 years
Monthly Payment (*)8082,80 €

(*) The monthly payment shown is a reference value, based on a variable rate (6-month Euribor), and does not replace a more complete and detailed financial analysis!

The information resulting from these simulations is merely indicative, intended to guide the estimated cost, according to the data provided by the user. Each financial institution has its own financing policies and conditions, and is not bound by the results of this simulation.

RE/MAX Extra
RE/MAX Extra
Real Estate Consultant