Great Investment Opportunity: Residential Building at Baixa Pombalina – Lisbon
Residential Building for sale located in a prestigious area of Lisbon the “Chiado”, one of the most noble, luxurious and stylish area of Lisbon.
Chiado is one of Lisbon most elegant and trendiest neighborhood where everyone meets for coffee, shopping, or before dinner and a night out in neighboring Bairro Alto.
Chiado, is the heart of the city. It is the main shopping and banking district that stretches from the riverfront to the main avenue (Avenida da Liberdade), with streets named according to the shopkeepers and craftsmen who traded in the area.
It's also the neighborhood of theaters, of charming old bookshops and major international brands, giving it a lively cosmopolitan ambience at any time of the day.
Chiado is a great place to stay, because it is central to all major sights and attractions, with excellent transport facilities and close to shops, restaurants, cafes and some museums.
The Residential Building composed of 7 floors is located in one of the main avenues of Lisbon City Centre.
Excellent opportunity to buy a Building to refurbish or convert with a Project already Approved for Renovation / Convert.
Planning permission has already been granted to convert / renew this Building in 12 apartments.
All the 12 apartments are 2 bedrooms and each floor is composed of 2 apartments with a total area of 55 or 65 m2.
The building can be sold completely renovated / converted (including all renovation works - turn-key project) or can be sold as is (renovation works not included).
Total Built Area: 720 sq.m
The privileged location offers a complete network of services and also offers an easy access to bus, tram and underground and is located within a walking distance of the most Lisbon's hotspots.
Located in a tourist zone, this can be an excellent option for those who want invest on the rental market (Short Rent Scheme).
- 6.000.000€ - If the building is sold fully renovated / converted (all works included - turn-key project).
- 4.500.000€ - If the building is sold as is (renovation works not included).
Luso Property Service provides Rental Management Services, where clients buy properties as holiday homes or pure investments. The Luso Property Team, carefully guided by Aftersales specialists, are there to help with all aspects of renting out your property. From the initial marketing to taking bookings, meet and greet service and providing emergency contacts for your guests, they are specialists in customer service and organization.
Luso Property Service present a unique mix of expertise around this compelling residency by investment programme. The “Golden Visa”, also known as the Golden Residence Permit Programme, provides the opportunity to apply for European residency by purchasing an investment property in Portugal.
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