Apartment Block For Sale in Lisbon

For Sale

€1,369,500 $1,621,670 | £1,244,753 | ¥10,843,787 *

Type Apartment Block
Status For Sale
City Estefania

Building For sale in Estefania, Lisboa.

Building very well located near Saldanha, quiet street and with good sun exposure, inserted in the ARU - Urban Rehabilitation Area, has the qualification for Golden Visa application.

The proposal of this project aims at the complete rehabilitation of the building, solving the various structural problems and lack of maintenance present, as well as improving the entire interior space.

The proposal involves the expansion of the building on a full floor and stolen waters, demolishing the existing roof and remaking the interior structure.

The main building frontage does not change to the existing one, and its metric is replicated on the new upper floors.

The result of this change will be 8 new apartments, 2x T1 at the level of floors -1 and 0 and 6x T0 on the upper floors.

Estimated annual yield of 5%.

The building can be sold with an approved architectural project, already with a Horizontal Property License. Price: €870.000

Print Date 29-Oct-2020
Updated 02-Oct-2020
Property Ref. WWPC-112206
Department Sales :: Residential

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