360 000 €
75 m²
2 Bedrooms
2
2 WC
2
F
Apartment T2 for sale in Lisboa
Penha de França
75 m²
2 Bedrooms
2
2 WC
2
F
EN: Two-bedroom investment apartment | Potential capital gains tax exemption through reinvestment
Opportunity | Architect-renovated two-bedroom apartment | Full of character
Two-bedroom apartment in Penha de França, offered for sale at €360,000, currently let for €1,250 per month, providing a gross annual rental yield of over 4%.
An option for buyers seeking to reinvest the proceeds from a property sale in residential property for letting at a moderate rent, with the potential to qualify for exemption from Portuguese personal income tax (IRS) on capital gains, subject to verification of the applicable legal requirements and the existing tenancy agreement.
Renovated by an architect, the apartment comprises an open-plan living room and equipped kitchen, two bedrooms, one with a balcony, and two bathrooms. Original wooden flooring and hydraulic cement kitchen tiles are complemented by an Estremoz marble worktop, PVC window frames and fitted wardrobes.
Located in Bairro dos Actores, close to Praça Paiva Couceiro, with a wide range of shops and services, good road connections and public transport nearby, including Arroios metro station.
Current tenancy: The property is let under a five-year tenancy agreement running until 2030, which began in October 2025 at €1,250 per month. The rent may be adjusted annually in accordance with Portuguese law.
Sold with the tenancy agreement in place. Contact us for further information.
Key features:
Energetic details
Bring your dream home to life with our Virtual Decor tool!
Customize any space in the house for free, experiment with different furniture, colors, and styles. Create the perfect environment that conveys your personality. Simple, fast and fun – all accessible with just one click.
Start decorating your ideal home now, virtually!