Corner building next to Av. of Liberty
Description
Located in Santo António, in the heart of Lisbon, this corner building is less than 250 metres from Avenida da Liberdade.
Implanted in 273sqm with a current gross construction area of approximately 520sqm, the building has three apartments, three shops and generates an annual income of €130,000 - leases with a 60-day termination clause.
The building has an architectural project approved for expansion, which will increase the gross construction area to 914sqm.
The project includes the construction of two studios, two one-bedroom apartments, three two-bedroom apartments and the maintenance of the shops on the ground floor which can be used as one larger space if needed.
Currently, the building includes a T6 with two full bathrooms and an additional half bath, a T4 with a full bathroom and an additional half bath, and a T4 with a full bathroom.
On the ground floor, there are vacant and recently renovated shops with bathrooms.
Located just a few minutes from the prestigious Avenida da Liberdade, this building offers privileged accessibility and is a rare opportunity to invest in a building with immediate income and at the same time with substantial future potential.
For over 25 years Castelhana has been a renowned name in the Portuguese real estate sector. As a company of Dils group, we specialize in advising businesses, organizations and (institutional) investors in buying, selling, renting, letting and development of residential properties.
Founded in 1999, Castelhana has built one of the largest and most solid real estate portfolios in Portugal over the years, with over 600 renovation and new construction projects.
In Lisbon, we are based in Chiado, one of the most emblematic and traditional areas of the capital. In Porto, in Foz do Douro, one of the noblest places in the city and in the Algarve next to the renowned Vilamoura Marina.
We are waiting for you. We have a team available to give you the best support in your next real estate investment.
Contact us!
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