Engel & Völkers
Empty room with white walls, wood floor, and a window. A small, old television sits in the corner, and a rug is on the floor.

1-bedroom apartment with great potential

€250,000
  • 3 Rooms
  • 2 Bedrooms
  • 1 Bathrooms
  • ~52 m² Total surface
  • ~52 m² Living area

Description

Discover this 1-bedroom apartment, a unique investment opportunity or the perfect base to create your custom home, in one of Lisbon's most convenient locations. Nestled in a charming building in excellent condition — with only 3 floors and 6 units — the property offers a traditional layout with a bedroom, living room, dining room, and bathroom. The greatest asset of this property is undoubtedly its unbeatable location: it is just a 5-minute walk from the metro and next to Av. Paiva Couceiro. It is surrounded by an extensive network of public transportation, local shops, restaurants, pastry shops, and pharmacies, ensuring a practical and comfortable urban life. It is crucial to note that, at the moment, the apartment does not have an installed kitchen, which gives the future owner the advantage of fully customizing this space to their taste and budget. However, we caution that the absence of a kitchen may impact the appraisal for bank credit, potentially making it difficult to obtain financing for the full value of the property. This is an ideal opportunity for those looking for a project with great appreciation potential or who have the capital to start their renovation.
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Engel & Völkers Lisboa MMC

Your advisor: Rui Alves

Property ID: W-046C58

Property details
  • Object type

    Flat

  • Rooms

    3

  • Bedrooms

    2

  • Bathrooms

    1

  • Total surface

    ~52 m²

  • Living area

    ~52 m²

Energy efficiency information
  • Energy certificate available

    In progress

    Location: Penha de França, Lisbon

    Penha de França was once an area of farms and gardens where numerous Lisbon residents would go for walks, and where imposing and majestic manor houses were built for noble families to live. Nowadays, it is a neighborhood located on top of one of Lisbon's hills, at 110 meters above sea level. This allows it to be one of the city's great viewpoints. Here, life is peaceful, in a very well-located area, with good social facilities, a good public transport network, schools, and supermarkets. This neighborhood is known for its sustainable development and rich tradition (such as the renowned popular marches that bring residents together around a common goal every year).

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