Engel & Völkers
View from a balcony with a gray metal railing overlooking a city street with parked cars and apartment buildings.

3-bedroom apartment in central Laranjeiro

€245,000
  • 4 Rooms
  • 3 Bedrooms
  • 2 Bathrooms
  • ~102.64 m² Total surface
  • ~86.64 m² Living area

Description

This 3-bedroom apartment, located in Laranjeiro, benefits from a strategic location, served by an extensive network of public transportation and road access. The proximity to the surface metro, connections to Lisbon via the 25 de Abril Bridge, and the A2 ensure quick and convenient mobility. Furthermore, the area boasts local shops, schools, services, and green spaces, providing an excellent quality of life. Upon entering the apartment, a spacious entrance hall stands out, acting as a central point by intelligently organizing the different areas of the home. Its size is such that it is currently used as a living room. The property has three bedrooms: one with a small private balcony and another with a large enclosed balcony, offering excellent utilization and even the possibility of expanding the bedroom. All bedrooms benefit from good space and natural light. It also features two bathrooms, one fully operational with a shower and another currently deactivated, but with all connections maintained for easy reactivation. The kitchen, with generous dimensions, extends to a large enclosed balcony which, in turn, integrates with the living room, currently used as a bedroom. This configuration easily allows the creation of a modern and elegant open space concept, enhancing the brightness, fluidity, and functionality of the space. This property represents a unique investment opportunity, combining a prime location with spacious and versatile areas. After a creative renovation, it is possible to transform this 3-bedroom apartment into a contemporary, comfortable, and high-standard home. The utilization of the enclosed balconies and the spacious living room allows for up to 100 m² of living area, further reinforcing its potential. Whether for personal residence or investment, this is a safe, promising option with real potential for appreciation and profitability. Schedule your visit now and discover the enormous potential of this apartment.
Features
Balcony
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Engel & Völkers Lisboa MMC

Your advisor: Aline Cunha

Property ID: W-046ACE

Property details
  • Object type

    Flat

  • Condition

    Needs renovation

  • Rooms

    4

  • Bedrooms

    3

  • Bathrooms

    2

  • Floor

    3

  • Total surface

    ~102.64 m²

  • Living area

    ~86.64 m²

Energy efficiency information
  • Construction year

    1979

  • Energy efficiency class

    E

  • Energy certificate available

    Yes

  • Energy certificate type

    Consumption certificate

Location: Almada, Setubal

O Laranjeiro, located in the municipality of Almada, has been establishing itself as one of the most sought-after residential areas on the South Bank. Its proximity to Lisbon, via the 25 de Abril Bridge and direct connection to the light rail, makes it a natural choice for families and professionals who value accessibility but do not compromise on a quieter and more balanced environment. The area combines the presence of traditional commerce and large retail stores, schools, pharmacies, clinics, public services, and even cultural and sports centers, ensuring a practical and functional daily life. Green spaces and leisure areas provide an enhanced quality of life, especially for those seeking to balance work with well-being. From a real estate perspective, O Laranjeiro stands out for its excellent price/m² ratio compared to Lisbon, attracting more and more buyers and investors. Many of the buildings date from the 70s and 80s, featuring generous areas, well-distributed layouts, and in many cases, with the possibility of remodeling and significant appreciation. The growing demand for housing for purchase and rental, coupled with the limited supply in Lisbon and central Almada, has driven the continuous appreciation of the area. This makes O Laranjeiro not only an attractive place to live but also a solid investment bet, with medium-term profitability prospects.

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