Excellent investment project in Bairro Alto
In Bairro Alto, the most picturesque neighbourhood in the centre of Lisbon, with narrow cobbled streets, secular houses and small traditional shops and just 1 min from Largo do Chiado!
The perfect building for a Real Estate Investor who wants an unconstrained acquisition as the building is free of tenants and, with some rehabilitation work, foresees a great profitability due to its Prime location.
A whole building, with implantation area of 57sq.m, constituted by ground floor and three floors for habitation - Ground floor: 2 bedrooms apartment and the remaining 3 floors: 1 bedroom apartments.
With full rehabilitation works done in 2000, including the roof, with a fast and easy refurbishment it is a great investment as the return can be immediate if rented or greater if sold separately per floor/apartment.
Architecture project done for 4 apartments with 2 bedrooms.
Ground floor with gross floor area of 57 sq.m.
1st floor with 43sqm, 2nd floor with 45 sqm and 3rd floor with 35 sqm.
Total gross area of 214 sq.m approximately and gross private area 170 sq.m.
Possibility to raise a floor or extend the 3rd floor, as it is below the block´s average.
High and immediate profitability in case of lease and even higher in case of rehabilitation and division and sale by fraction.