Building for sale in Lisboa

Building in Lisboa with virtual tour

Arroios

2 000 000 €

Buy
id. 124651083-486

928 m²

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F

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

Private Gross Area m²928
Gross Area m²1 104
Total Lot Size m²392
Living Area m²928
Bedrooms- -
Construction Year1950
Floor- -
WC/Bathrooms- -
ElevatorNo
ParkingNo
Electric Cars ChargingNo

Energetic details

Energy efficiency

Map

Credit Simulation
Listing Price
2 000 000 €
Monthly Payment (*)
0 €

(*) The monthly installment indicated corresponds to a reference value, based on a variable rate (6-month Euribor), not dispensing with a more complete and detailed financial analysis! The information resulting from these simulations is merely indicative, with the purpose of providing guidance on the estimated cost, according to the data indicated by the user. Each financial entity has its own policies and financing conditions, and are not bound by the results of this simulation.