A new lifestyle concept in the Lisbon Centre
Engel & Völkers is proud to be associated with the sale of a new emblematic building in the city of Lisbon. Located downtown with great potential for renewal and with proximity to the River Tejo, "Building 8" presents itself as a winning bet. This building will be subject of a significant rehabilitation and renovation to offer superior quality apartments. The apartments are designed to cater to a new lifestyle in a traditional and historic atmosphere. In another perspective, it can also represent an excellent investment opportunity with the concept of short-term rental (Serviced Apartments). This service offers rental apartments for short and medium term, in Lisbon, being an alternative to traditional hotel offer. According to market research, the return on investment starts with a rate of 5%. The Fund "Five Stars" guarantees a fixed rate of 5% return in the first two years after the deed for the purchase. These values can grow to keep pace with the high demand in Lisbon as a tourist destination. The "Serviced Apartments" will be administered by a specialized company that will provide all services necessary to ensure proper operation. "Building 8" will be completely renovated and rebuilt in the highest standards of quality. Due to its location and excellent views of the city and the river, "Building 8" is an excellent investment, and an excellent choice for your new home.