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Building for investment in Avenidas Novas

House, Buy | Portugal, Lisbon, Avenidas Novas
Asking price-Icon
895,000 EUR
Approx. 1,074,448 USD
Asking price
Square Footage-Icon
5,145.15 sqft
Square Footage
Asking price-Icon
895,000 EUR
Approx. 1,074,448 USD
Asking price

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What you should know about this house

Amenities and special features of this house

Building with 478 sqm in Avenidas Novas. Built in 1939, with stucco work, wooden floorboards, interior walls in partition, all according to the original construction. The property consists of 3 residential floors above the ground, the third being set back.
Ground floor with a single store occupied by a restaurant with 2 bathrooms, which expanded the backyard area completely occupying the patio. Area 218 sqm. Income approximately € 2,000.00.
The 1st floor consists of a living room, kitchen, 4 bedrooms, a bathroom and a balcony. Area 120 sqm. Vacant.
The 2nd floor consists of a living room, kitchen, 4 bedrooms, a bathroom and a balcony. 120 sqm area. Floor leased.
The 3rd floor consists of a living room and 2 bedrooms. Area 70 sqm. Vacant.
With an exceptional location, close to all types of transport, commerce, green spaces such as the new Urban Park of Praça de Espanha, Gulbenkian and Estádio Universitário. 200 meters from Santa Maria Hospital and Cidade Universitária.

Avenidas Novas: Location and surroundings of this property

As Lisbon grew in the mid-20th century, it expanded north, away from the river. Residential and business districts were born around long, broad avenues, today collectively known as Avenidas Novas ("New Avenues"). Originally many palatial mansions lined these avenues. Most who visit Lisbon will go through it to reach some of the city's best museums (the Gulbenkian is not to be missed), and many will also be making it their home, as a large number of the city's hotels are located here. In between it all there are some excellent restaurants to look for, as well as the city's most popular shopping malls. Areas very well served of transports, services, commerce, schools and only five minutes from the Lisbon airport, and good accesses to the main roads, leading to all points of the city or to exit Lisbon North/South

Contact your personal advisor
Engel & Völkers Lisboa MMC
  • EV MMC PORTUGAL - Mediação Imobiliária, Unipessoal Lda - AMI 15208
  • License partner of Engel & Völkers Residential GmbH
  • Ana Wagner
  • Avenida Liberdade 196, 7º andar
  • 1250-096 Lisboa
  • Phone: +351 210 200 490

Commission Details

Availability upon agreement. This material is based upon information which we consider reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete and it should not be relied upon as such. This offering is subject to errors, omissions, change of price or withdrawal without notice. Taxes, notary and registry fees must be paid by purchaser, the commission by the seller as stipulated by Portuguese regulations.

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