2-bedroom apartment in Penha de França

€560,000

3 Rooms
2 Bedrooms
2 Bathrooms
~85 m² Total surface
~87 m² Living area

Description

Pateo do Barão is a new residential development consisting of 7 apartments (T0, T1 and T2) and 13 houses (T0, T1 Duplex, and T2). With amazing views over Lisbon, this building in Penha de França will undergo rehabilitation works, which are scheduled for completion in August 2024. The Pateo do Barão project is being developed with the planet in mind, incorporating recycled materials into its structure. Features such as orange and lemon trees, a common urban agricultural area, and docking stations for electric bicycles and solar panels that will ensure less dependency and a reduction in energy consumption. Destined for those looking for the Portuguese lifestyle of the 21st century, Pateo do Barão offers both the comfort of a residential building and the possibility of profiting from your investment through a guaranteed yield of 4% with optional flexible return.

Features

Built-in kitchen

Engel & Völkers Lisboa MMC

+351 210 200 490

Your advisor: Rui Alves

Property ID: W-030X2H

Location: Lisbon, Portugal

Penha de França was once an area of farms and vegetable gardens where many people from Lisbon went for a walk, and where imposing and majestic manor houses were built to live in noble families. Today it is a neighborhood located on top of one of Lisbon's hills, at 110 meters of altitude. This allows it to be one of the great viewpoints in the city. Here, you live a peaceful life, in a very well located area, with good social facilities, a good network of public transport, schools and supermarkets. This neighborhood is known for its sustainable evolution and with a lot of tradition (as is the example of the well-known popular marches that bring residents together around a goal every year).