9 bedroom house 475 m² Lisbon, Portugal

Portugal, Lisbon
Archive cost €1,50M
Sold or out of date
Updated at: 29/06/2023

Location

Country: Portugal
State: Lisbon

Building parameters

Rooms: 9
Bedrooms: 9
Bathrooms: 9
Total area: 475 m²
Living area: 475 m²
Land area: 125 m²

Description

Building for reconstruction in the historic center of Lisbon in the Baixa Chiado area, which is positioned as one of the most expensive areas of the Portuguese capital. Located next to the Museum of Pharmacy, the Elevador da Bica Funicular and the famous observation deck of St. Catharine. Area of ​​great tourist interest with many restaurants, hotels and hostels. Currently the total building area is 475 sq.m., located on a plot of 125 sq.m. The building faces two streets, consists of 4 floors and has 11 apartments. The building is sold without any tenants or debts. There is a restoration project to increase the building area up to 580 sq.m., 5 floors with an elevator with 9 apartments. Ideal real estate option for investment for rehabilitation with further sale or rental. When purchasing this object, it is possible to obtain a residence permit in Portugal under the Golden Visa program for 3-4 families.

Features

  • Residence and citizenship
  • Hostel
  • Resale property
  • Investments
  • Developments

Location

Portugal, Lisbon