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Lisbon, Portugal

€380,000
Benoit Properties International, Portugal
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Key features

  • Availability: Studios - 4 bedrooms
  • Price: From €380,000
  • Estimated Completion: Q4 2024
  • Tenure: Freehold
  • Rental Yield: 4%

Description

A Stunning Building in Central Lisbon With Original Features

On Rua do Alecrim, one of the best-known streets of Lisbon's old quarter, leading straight into the heart of the city, a stately 18th century building with river views has been turned into a 21st century artwork and urban haven.

The project offers 14 residential spaces spread over five floors, with an elevator and views onto Rua do Alecrim or Rua das Flores. Along with 14 apartments in different formats, it comprises an impressive loft with its own street access, a versatile space of high vaulted ceilings and columns. A winter garden or a bijou patio is built around the interior spaces, creating amazing atmospheres.

About the Project:

* Studios, duplexes, and 1,2&3-bedroom apartments

* First-class materials and luxury fittings

* 39 m2 to 245 m2

* €380,000 and €1,750,000

* Annual property Tax: 0.3% to 0.5% of the property value

* Established management team in place to manage rentals Mid or Long term.

Payment Plan:

* 5% on reservation

* 10% on license approval

* 15% 6 months after

* 70% on deed

Why Lisbon?

* The number of foreign tourists visiting Portugal hit a record of over 18 million in 2023

* "Best City Break Destination" at last year's World Travel Awards

* Blue chip offices including Google, Microsoft and IBM

* 3rd most peaceful country in the world (Global Peace Index 2021)

* 23.6M total passengers handled at Lisbon Airport from Jan to Oct

* Voted one of the cheapest and best places in Europe by Conde Nast Traveller.

Rua do Alecrim has been one of the most esteemed and prestigious locations of the Portuguese capital since medieval times. Situated just outside the ancient city walls built by King Fernando in the 14th century, it was one of the main thoroughfares leading into Lisbon.

Today, it is the nexus linking Bairro Alto and the Chiado to Cais do Sodre and the river. Right on the development's doorstep lie fashionable restaurants and cafes, concert halls, art galleries and the widest variety of shops, bookstores, museums and theatres. You are also a few steps from the metro, bus and tram stops, and a short walk from the train station and ferry terminal.

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More details

Lisbon, Portugal

NEAREST AIRPORTS

Distances are straight line measurements
  • Lisbon(International)
    4.3 miles
Advice on buying Portuguese property

Advice on buying Portuguese property

Learn everything you need to know to successfully find and buy a property in Portugal.

About Benoit Properties International, Portugal

Benoit Properties International is a globally recognized real estate investment firm established in 2005. With offices in the UK, Portugal and Florida, the company has assisted over 2,500 investors from more than 50 countries in acquiring properties across various global markets.Offering a comprehensive, hands-free investment experience, Benoit Properties provides services ranging from property sourcing and consultation to acquisition, completion, and ongoing rental management.Their proven track record and commitment to empowering clients with informed investment decisions have positioned them as a trusted leader in the international real estate sector’

Notes

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This is a property advertisement provided and maintained by Benoit Properties International, Portugal (reference 289874_RuadoAlecrim) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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