Apartment complex for sale in Lisbon

Discover the investment and potential of this property located in the parish of Santo Antonio, Lisbon. Strategically positioned just steps away from the iconic Avenida da Liberdade, this corner building with an approved architectural project presents a unique investment opportunity. The approved architectural project, dated February 2024, includes plans for expansion and rehabilitation. This building can be purchased vacant or with the current operation on the residential floors, providing flexibility to the investor. With a gross building area of 914 sqm spread over 4 floors, the building features 7 apartments (three 2-bedroom apartments, two 1-bedroom apartments, two studios) and 2 commercial spaces, as well as an elevator and unobstructed views. Approved Project Features: Ground floor: 2 shops. 1st floor: one studio, one 1-bedroom apartment, and one 2-bedroom apartment. 2nd floor: one studio, one 1-bedroom apartment, and one 2-bedroom apartment. 3rd floor: one 2-bedroom apartment. In addition to the opportunity to proceed with the approved project, there is the option to maintain immediate income through the current lease of the apartments and shops. With three apartments on the 1st floor - one 6-bedroom apartment and two 4-bedroom apartments - and three shops on the ground floor, the estimated annual income is approximately €146.000. Location Highlights: Situated on a quiet street near Avenida da Liberdade, this building offers unparalleled visibility and accessibility. Its proximity to a variety of national and international companies, restaurants, shops, hospital, and university, as well as the nearby metro station, makes it a strategic choice for investors. Don't miss this unique investment opportunity in a dynamic and versatile asset in the heart of Lisbon. Contact us to know more about maximizing the potential of this property. Porta da Frente Christie's is a real estate agency that has been operating in the market for more than two decades. Its focus lays on the highest quality houses and developments, not only in the selling market, but also in the renting market. The company was elected by the prestigious brand Christie's International Real Estate to represent Portugal in the areas of Lisbon, Cascais, Oeiras and Alentejo. The main purpose of Porta da Frente Christie's is to offer a top-notch service to our customers. Energy Rating: Exempt.

Additional Property Information:
• External size: 273 m²
• Size: 914 m²
• Reference: PF33407