2 700 000 €
283 m²
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NC
Building for sale in Lisboa
Penha de França
283 m²
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NC
Building for Sale in Arroios
Building located in the heart of Arroios, in a prime location next to the market, on a quiet street and a few minutes from the metro and various transport links.
The building consists of 10 residential units and a shop. The former caretaker's house, currently classified as a common area, has the potential to be converted into an independent unit, allowing for a total of 11 units. This unit is also currently rented.
The property is already under a horizontal property regime, offering the investor complete flexibility to define the best strategy: maintenance for rental, fractional sale of units or a mixed approach.
Currently, most of the units are rented with annual renewal contracts. Two units are available. The annual income is around €50,000, ensuring a solid basis for immediate return.
In 2024, the building underwent significant renovations, including the complete replacement of the roof tiles, insulation of the attic terrace, painting of common areas and renovation of the gas pipeline.
Located in one of Lisbon's most dynamic areas, this property benefits from strong demand from international investors and digital nomads, especially for one- and two-bedroom apartments and rehabilitation projects. Acquisition for renovation remains one of the most attractive strategies in this area.
For more information, please contact us.
Energetic details