Buildings Used, for Sale, in Lisboa, Alcântara, near Commerce

Investment Opportunity

Fully Rehabilitated building in 2019 in Rua de Alcântara, consisting of Commercial Space in the Ground Floor. It also presents 5 Suites, Dining Room / Living Room and Terrace in Short Rental on the 1st and 2nd floors with Gross Private Area 378 m2.

With physical separation between the commercial space and the habitational area, this building presents an investment opportunity with profitability.

The first and second floors are currently being operated by a business entity for a renewable period of 5 years starting in April 2021.

With installation of:

- HOME IT system (access code) in all suites;
- Multisplit system (HVAC) in all divisions;
- All PVC windows with double glazing Oscilo stops.

The entire Electrical and Communications Network is completely replaced, as well as the Water and Sewerage Network.

The income obtained is:

- 2,250€ monthly until the end of 2022
- 3,000€ monthly from (phone hidden)
- 3.250€ monthly from (phone hidden)
- After the 4th year of rent (2024 included) the rents increase 1% yearly

Currently the commercial space is unoccupied, having operated a restaurant on site until the end of March 2022. Partially equipped kitchen.

The area is of excellent location, close to transport, commerce, close to the hospital of CUF Tejo and LX Factory, noble area of Lisbon and within walking distance of the city center.

Book your visit now.