Engel & Völkers
New
Bright kitchen with white cabinets, stainless steel oven, and wood countertop. A washing machine is visible near a window.

Renovated 4-Bedroom in Central Carnaxide

€500,000
  • 5 Rooms
  • 4 Bedrooms
  • 3 Bathrooms
  • ~92.58 m² Total surface
  • ~92.58 m² Living area

Description

A 4-bedroom apartment in the center of Carnaxide, prepared for renting by rooms. Currently, three rooms are occupied, generating a monthly income of €1,800, with potential for increase upon full occupancy. The rooms are numbered, from 1 to 5 and equipped with a bed and wardrobe, one of which is en suite. The property has three bathrooms, all with shower cabins, a fully equipped kitchen with labeled cabinets, an isolated laundry area, and areas repurposed from former balconies, optimizing the space. The renovation included plumbing, electricity, window frames, and all other elements of the apartment, allowing for immediate use oriented towards income. Located on the third floor of a building without an elevator, it is situated in a quiet square, with accessible parking and only one apartment per floor, totaling three units in the building. The location offers quick access to services, commerce, transportation, and the civic center of Carnaxide, with easy access to Lisbon and Cascais. A solution suitable for those seeking an investment with attractive income potential in a consolidated area of Oeiras, constantly appreciating and close to hundreds of established companies in the area.
Features
Built-in kitchenGuest toiletOpen viewFurnished
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Engel & Völkers Lisboa MMC

Your advisor: Francisco Mineiro

Property ID: W-046ZEX

Property details
  • Object type

    Flat

  • Condition

    Rehabilitation done

  • Rooms

    5

  • Bedrooms

    4

  • Bathrooms

    3

  • Floor

    3

  • Total surface

    ~92.58 m²

  • Living area

    ~92.58 m²

  • Flooring

    Synthetic

Energy efficiency information
  • Energy efficiency class

    D

  • Energy certificate available

    Yes

  • Energy certificate type

    Consumption certificate

  • Type of heating

    Radiator

  • Energy source

    Electric heating

Location: Carnaxide, Lisbon

Carnaxide is one of the oldest documented lands in Portugal. It was a former parish of the municipality of Oeiras. The name Carnaxide may be derived from the Arabic word "carna-axide," meaning "hill of red earth," which consequently indicates that Carnaxide was already inhabited during the Muslim invasion. However, the word may also derive from the Celtic term "carne-achad," meaning "land of loose stones." Neither theory is proven, yet they serve to confirm the existence of a population in this locality simultaneously with the presence of Arabs and Celts in the "Iberian Peninsula."

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