Investment Opportunity in Estrela

T4 apartment with 119.65 m² of private gross floor area, located on the 4th and top floor of a classic early-20th-century building on Calçada das Necessidades, between Estrela, Lapa and Alcântara. The property comprises a living room, kitchen, four bedrooms, bathroom and pantry. The building has no lift and the unit has an energy rating of F.

This is an opportunity for long-term investors seeking to acquire an asset in an established area of Lisbon at a value below the market price for vacant properties. The apartment is sold with a tenant and a long-term lease currently in force (entered into in 1984), with no guarantee of vacant possession and a monthly rent of €206.35. The current owner also receives statutory compensation (subject to an annual application); the possibility of transferring this right is being confirmed. The sale is subject to the tenant’s statutory right of first refusal.

As interior viewings of the unit are not possible, a viewing of the third-floor apartment can be arranged. It has the same layout and configuration, allowing prospective buyers to assess the space and natural light. All documentation and the investor dossier are available for review before offers are submitted.