Lisbon, Lisbon, Portugal

This apartment occupies an enviable location on a quiet street in Príncipe Real and is just a stone?s throw from the beautiful São Pedro de Alcântara viewpoint and four minutes? walk from Avenida da Liberdade, Lisbon?s brand-filled spine and one of Europe?s most prestigious shopping streets. Not only can a good selection of restaurants and transport links be found close by, but this renovated apartment is also a short walk from Chiado and the Botanical Garden.


THE PROPERTY
This apartment is part of an exciting renovation project which will see a former print house transformed into a collection of 11 apartments. Fusing traditional elements with modern touches, the original facade of the building will be carefully restored whilst the interiors of the apartment will be finished in a contemporary style with an elegant light colour scheme and large windows to let in plenty of natural light.
The triplex property spans 96 sqm and benefits from a private entrance and a terrace of 19 sqm. On the first floor of the property there is an equipped kitchen and a dining area and the living area, along with a guest bathroom, is located on the second floor (the ground floor of the project). The bedroom is located on the top floor and features an en-suite bathroom and a built-in wardrobe.


INVESTMENT POTENTIAL
This apartment is well-priced for this sought-after neighbourhood at ?6,000 per sqm as prices in Príncipe Real typically range from ?7,000 to ?10,000 per sqm. There is also strong potential for capital appreciation as between 2017 and 2020, property prices for similar apartments in the nearby area rose by 25% (Confidencial Imobiliário). 
Not only is this property a great lifestyle investment for a couple who want a well-placed pied-à-terre for city breaks or those who want to live peacefully in the capital, but it is also set to perform well on the long-term rental market with an estimated gross rental yield of 5%.


ATHENA ADVISERS - 19 years of added value and 360° purchase support
In addition to organising property viewings from our office on Avenida da Liberdade, our in-house teams also support clients through every step of the purchase process from finding the best Portuguese mortgage through to rental management. We also decode the paperwork and contracts and become the bridge between all the different legal and official parties involved in the purchase, guiding our clients through every step of the process.

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