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Building In Bairro Alto/Chiado, Bairro Alto, Portugal

€1,195,000
Savills Global Residential Property, Portugal
PROPERTY TYPE

Town House

BEDROOMS

5

SIZE

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Key features

  • Prime Location
  • Perfect for Real Estate investing
  • Building free of tenants and contracts
  • Full rehabilitation in 2000 including new roof
  • Project for 4 2 bedroom’s apartments

Description

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.

Location

Few neighbourhoods in Lisbon change as much as Bairro Alto. known as Lisbon’s party district, there’s plenty of art and history to explore and food to sample.

Packed with emerging street art, historical sights and culinary treats from around the world, the streets here lead a double life, quiet by day and teeming with lively crowd in the evenings.

Excellent centrality and transport access: metro, train and ferry.

Building In Bairro Alto/Chiado, Bairro Alto, Portugal

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Distances are straight line measurements
  • Lisbon(International)
    4.1 miles
Advice on buying Portuguese property

Advice on buying Portuguese property

Learn everything you need to know to successfully find and buy a property in Portugal.

About the agent

Savills Global Residential Property, Portugal

Savills Global Residential Property, Portugal

Welcome to Savills International

The Savills name has become synonymous with luxury residential property worldwide. Savills International is dedicated to providing a superior service meeting all of your overseas property needs.

Our objective is to develop long-term client relationships, and we aim to achieve this by ‘adding value’ through our local knowledge, global reach and brand strength. London is a hub for international property and, when buying, selling or developing, we rec

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Notes

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This is a property advertisement provided and maintained by Savills Global Residential Property, Portugal (reference 208664_LBN220315) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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