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Lisbon, Lisbon, Portugal

€450,000
RE/MAX - MAXGROUP, Tavira
PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

1

SIZE

893 sq ft

83 sq m

Key features

  • 2 bedrooms with wardrobes; one includes an adjoining room that could serve as a home office or additional living space;
  • Two separate bathroom areas: one with a shower tray and washbasin, and another with a toilet and washbasin;
  • Open-plan living room and fully equipped kitchen;
  • Ceiling height of approximately 3 meters;
  • Ornate ceilings in the bedrooms;
  • Solid wood flooring;
  • Double-glazed windows with shutters.

Description

Renovated 2+1 Bedroom Apartment in Campolide
TENANTED PROPERTY - Lease agreement entered into under the "Arrendar para Subarrendar" (Rent-to-Sublet) Program, commencing on January 1, 2024, for a 5-year term (renewable in 3-year periods), with a current monthly rent of �1,150. Rental income earned under this program is exempt from personal income tax (IRS).
The current contract term ends on December 31, 2028; consequently, it is not currently possible to arrange interior viewings of the property.
Renovated 2+1 bedroom apartment located on the first floor of a building on Rua Vítor Bastos in Campolide, approximately 900 meters from Amoreiras.
The unit is in good condition, having recently undergone a complete renovation-including plumbing, electrical, and gas systems-while preserving character-defining original features such as solid wood flooring and ornate ceilings.
The building comprises only 10 units distributed across four floors plus an attic level (with two apartments per floor) and is well-maintained.
This is an investment opportunity in a renovated apartment that offers guaranteed monthly income for the remainder of the current lease term, with the potential to put the property back on the market once that term expires.
Please contact us for further information regarding the property and the lease agreement terms.

Lisbon, Lisbon, Portugal

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Lisbon(International)
    3.0 miles

Advice on buying Portuguese property

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About RE/MAX - MAXGROUP, Tavira

Rua Dr. Augusto Carlos Palma, Nº 26 - 8800-35

Notes

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This is a property advertisement provided and maintained by RE/MAX - MAXGROUP, Tavira (reference 120181314-201) 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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