Garage in Lisboa with elevator

AVENIDAS NOVAS | 1 PARKING SPACE | COVERED AND CLOSED GARAGE 

I present to you an increasingly rare opportunity in the heart of Lisbon: 1 parking space, located on the prestigious Avenida João Crisóstomo, in Avenidas Novas.

Inserted in an area with high residential density and strong parking pressure, this space represents a practical and highly valued solution, whether for personal use or as an investment.

With a total area of ​​9 sqm, this parking space located at Avenida João Crisóstomo, no. 38 (GOYA Building), stands out for its central location, proximity to services, shops, offices and the city's main roads.

The parking space is within a covered garage with easy access, through 2 automatic gates operated by remote control (for vehicles) and 1 pedestrian access door (via Avenida 5 de Outubro, no. 73-E), ensuring security and convenience. The garage offers ample maneuvering space, ideal for larger vehicles, and the location has 24-hour security.

Great potential for rental investment: This property also presents an interesting rental aspect, with low risk and high liquidity, considering the strong demand and increasing scarcity of parking in this area. The estimated income for a parking space of this type and in this location is centered in the range of €130 to €150/month, resulting in a gross yield of return between 5.6% and 6.4%/year.

Ideal for those who know that time is money! Ideal for residents in the area, local businesses, or as an investment towards renting parking spaces.

Condominium fee: €10.81/month

Utility License (CML) no. 100/1995.

For more information or to schedule a visit, contact us.