Lisbon, Lisbon, Portugal

Charming building with wrought-iron balconies, fully renovated, equipped, furnished, and brand new, located in Estrela, Lisbon. Nestled in the picturesque Praça da Armada, a charming square shaded by majestic jacaranda trees and rich in history, culture, and architectural heritage, this elegant four-story building faces south and enjoys wide-open views of the square.

Comprising eight units: including one commercial space on the ground floor and seven apartments (six 1-bedroom flats and one studio on the ground floor), this light-filled property has been completely restored with high-end finishes and meticulous attention to detail.

The apartments are brand new, fully furnished and equipped to a refined standard, and ready to generate revenue immediately.

HIGHLIGHTS INCLUDE:
-Premium Riga wood flooring
-Lacquered carpentry and interior wooden shutters
-Lioz limestone on the kitchen backsplashes and countertops
-Lioz limestone floors, shower bases, walls, and skirting in bathrooms

Furnishings and décor by Paris:Sete, Hay, Kinda Home, and Zara Home, including designer 100% linen sofa beds from Paris:Sete. Each flat is equipped with Mitsubishi air conditioning and heating units, BOSCH appliances, and Mitsubishi televisions. A communal laundry room is available on the top floor of the building.

Apartment dimensions range from 37m² to 45m² of gross private area. The commercial unit on the ground floor offers 36m² and is equipped with a fume extraction system. If operated as a restaurant, bar or coffee shop, this retail space may benefit form a magnificent terrace with outdoor seating on the beautiful Praça da Armada.

Total gross private area: 325m².

PRIME LOCATION:
-Close to CUF Tejo Private Hospital, Avenida 24 de Julho, Avenida de Ceuta, Avenida Infante Santo, the Ministry of Foreign Affairs, Lisboan International School, LX Factory, Santo Amaro Docks, ALLO Alcântara Lisbon Offices, and the Tagus River.
-Well-served by public transportation, and just minutes away from the future metro stations of Alcântara and Infante Santo

INVESTMENT POTENTIAL:
-Ideal for placing on the rental market or to sell the individual units.
-Profitability studies indicate a potential yield of 5.8%.
-The property-holding company may also be acquired, offering additional advantages in the transaction structure.

An exceptional investment opportunity in a fast-developing, regenerating, and increasingly valuable Lisbon neighborhood.