Building in good condition for investment in Arroios, Lisbon
EUR 1,850,000
- 400 sq m
Property for
Sale
Country
Portugal
State/Region/Province
Lisbon
City
Lisbon
Posted
Nov 13, 2024
Description
3-storey building for sale in Arroios, which is in good condition and includes an attic that can be used.
This is a good opportunity for those looking to invest in buildings, because it already has a yield.
The ground floor, with 5 bedrooms, currently functions as a residence for students and generates an annual income of about 30 thousand euros.
The first and second floors are being used for housing, however they can easily generate 10 more bedrooms for students. Alternatively, the whole building also has a good potential to be transformed into a hostel.
Well located in Arroios, this building is close to transport and all kind of shops and restaurants. It is also an 8-minute walk from Saldanha or Instituto Superior Técnico.
The dynamic neighbourhood of Arroios, which has been rehabilitated and modernized in recent years, houses about 92 different nationalities, and is a neighbourhood with buildings full of history, but also pleasant leisure areas such as gardens, squares and markets.
Energy Rating: D
#ref:BLO_4748
This is a good opportunity for those looking to invest in buildings, because it already has a yield.
The ground floor, with 5 bedrooms, currently functions as a residence for students and generates an annual income of about 30 thousand euros.
The first and second floors are being used for housing, however they can easily generate 10 more bedrooms for students. Alternatively, the whole building also has a good potential to be transformed into a hostel.
Well located in Arroios, this building is close to transport and all kind of shops and restaurants. It is also an 8-minute walk from Saldanha or Instituto Superior Técnico.
The dynamic neighbourhood of Arroios, which has been rehabilitated and modernized in recent years, houses about 92 different nationalities, and is a neighbourhood with buildings full of history, but also pleasant leisure areas such as gardens, squares and markets.
Energy Rating: D
#ref:BLO_4748
Built
2003
Finished sq. ft.
400 sq m
Lot Size
166 sq m
Website URL
IMLIX ID
BLO_4748
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