Engel & Völkers
Bright living room with a tan leather chair, colorful rug, and a wooden coffee table with books and speakers. Hallway visible in the background.

Multifamily building near Praça das Flores

€883,000
  • 5 Rooms
  • 3 Bedrooms
  • 2 Bathrooms
  • ~116 m² Total surface
  • ~116 m² Living area

Description

EXCELLENT INVESTMENT OPPORTUNITY: 2 apartments located in a renovated building, located in a prime area of Príncipe Real, just 200m from the famous Praça das Flores and the Assembly of the Republic.The apartments can be connected to each other, transforming the property into a family home, or used independently. 1ST FLOOR: Apartment with a total area of 74sqm, comprising entrance hall with built-in wardrobes, 2 bedrooms with 10sqm each, one of which has direct access to a pleasant balcony. There is also 1 complete bathroom measuring 4.60sqm. The 9.45sqm kitchen is fully equipped with a window facing the garden areas. The social area consists of a room with access to a balcony. ATTIC: Fantastic studio with a total area of 41 sqm, located on the top floor of the building, this studio consists of an entrance hall measuring 2.15sqm with a storage area and stairs leading to a large area of 35sqm in open space, where You will find a well-organized area with a sleeping area, living room, fully equipped kitchen with TEKA appliances and a complete bathroom with a window measuring 4.10sqm. This entire space benefits from large built-in wardrobes, and there is also a storage area measuring 11sqm. One of the highlights of this property is its wide ceiling height, around 3m high, as well as the several Velux windows that make this entire apartment a very bright space. These apartments were completely renovated in 2021, ready to be lived in and also have air conditioning, double-glazed windows, for greater thermal and acoustic comfort, etc. With an impeccable location, just 200m from the famous Praça das Flores and the Assembly of the Republic and close to the Botanical Garden, this is a unique investment opportunity, which will allow you to acquire a property where you can simultaneously live and make money on the rental market.
Features
Air-conditioningBalconyBuilt-in kitchenBuilt in wardrobeGuest toilet
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Engel & Völkers Lisboa MMC

Your advisor: Oscar Baptista

Property ID: W-02VZ9R

Property details
  • Object type

    Apartment house

  • Condition

    Very good

  • Rooms

    5

  • Bedrooms

    3

  • Bathrooms

    2

  • Number of Floors

    2

  • Total surface

    ~116 m²

  • Living area

    ~116 m²

  • Usable surface

    ~116 m²

  • Flooring

    Laminate

Energy efficiency information
  • Energy certificate available

    Yes

  • Energy certificate type

    Consumption certificate

  • Type of heating

    Radiator

Location: Lisbon, Portugal

Parish that was born from the merger of the old parishes Mercês, Santa Catarina, Encarnação and São Paulo. From Bairro Alto and Príncipe Real to Cais do Sodré, there are countless points of tourist interest: the Glória and Bica lifts, the Ribeira Market, the São Pedro de Alcântara and Santa Catarina viewpoints and the bars, restaurants and nightlife in Bairro Alto and Cais do Sodré. Príncipe Real, a very central area, inserted in one of Lisbon's historic districts, is also a privileged area from the point of view of public spaces, being very close to Jardim das Flores and Jardim do Príncipe Real, equipped with a children's garden and terraces, theaters and universities. Bairro Alto is one of the oldest and most surprising neighborhoods in Lisbon (over 500 years old), with narrow, paved streets, century-old houses and small traditional shops. It has several bars, restaurants and "fado houses" and a unique atmosphere. A "trendy" neighborhood where secular houses merge with traditional commerce and leisure spaces, in a mix of colors and shapes. Santa Catarina is, like so many others, a neighborhood that is completely built on a hill. When talking about Santa Catarina, two spaces immediately come to mind: the Miradouro de Santa Catarina and Bica. Location with a variety of public transport, restaurants and picturesque places with esplanades and terraces with stunning views over the city of Lisbon and the Tejo River.

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