ARROIOS MARKET - BUILDING FOR INVESTMENT

EUR 1,390,000
  • 156542,2 sq m
Property for
Sale
Location
Country
Portugal
State/Region/Province
Lisbon
City
Lisbon
Address
Arroios
Posted
Apr 26, 2024
Description
Building located in the center of Lisbon, near Arroios market.

The building underwent refurbishment work in 2022 on the residential floors, roof, façades, common areas, water column and electricity column.

In total ownership, it comprises 2 stores on the ground floor and two residential floors (1st and 2nd):


2nd and top floor (rented):

Living floor comprising 6 furnished bedrooms (3 singles, 2 doubles and 1 double), 2 bathrooms and a pantry.

Attic with possibility of use.

1st floor (rented):

Living floor comprising 7 furnished bedrooms (3 singles, 3 doubles and 1 double), 2 bathrooms, double kitchen, laundry, storage and terrace.



The 4 south-facing bedrooms (2 per floor) have air conditioning. Fully-equipped kitchens, pantry and laundry. There are solar panels for water heating.


Ground floor - Shop A (unoccupied):

Store with 89 m² of gross floor area, with store window, intended for commerce.


Ground floor - Shop B (occupied under old contract, but with the possibility of negotiating the tenant's exit):

Store with 289 m² of gross floor area, intended for commerce and services, industrial type construction, with a ceiling height close to 6 meters.

Currently there is an architectural project in the Lisbon City Council to change the retail floor, with an increase in the construction area and possible use for a restaurant. There is also the possibility of adding a floor to the building.


Current has an annual income of approx. 79,000. Store A has a potential rent of 14,400 year, increasing the total income to 93,400 year.


Energy rating: C to E - REF: 1208-5629
Bedrooms
15
Bathrooms
6
Finished sq. ft.
542,2 sq m
Contact information
IMLIX ID
1208-5629
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