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SMS2 Bedroom Apartment Pending Renovation
Principe Real, Lisbon, Portugal | Ref: AALB86-B
2 Bedroom Apartment Pending Renovation
Principe Real, Lisbon, Portugal
2 Bedroom Apartment Pending Renovation
Principe Real, Lisbon, Portugal
- Pending Renovation
- 2 bedrooms
- €750,000
- Print House B
- Interior: 113.32m2
- Exterior: 19.98m2
Discover this two-bedrrom apartment for sale in sought-after Príncipe Real, steps away from the São Pedro de Alcântara miradouro. Ready to move into or rent out right away, this apartment is located in a beautifully renovated print house.
ABOUT THE LOCATION
Although situated on a tranquil street, this Lisbon apartment is conveniently only a four-minute walk from the vibrant Avenida da Liberdade, renowned as one of Europe's premier shopping destinations. Additionally, a variety of restaurants, Restauradores square, and a metro station are just steps away.
About The Property
This 122.52 sqm apartment is part of an exciting renovation project which will turn a former print house into a collection of 11 modern apartments. Respecting the history of the property, the original facade will be carefully preserved whilst the interior of the apartment will be designed in a contemporary style with large windows to make the most of the natural light and the city views.
The property comprises two double bedrooms with fitted wardrobes, an open-plan living and dining area, and a separate equipped kitchen. There is also a 20.65 sqm balcony from which the future owners can enjoy the city's beautiful climate.
Investment Potential
In sought-after Príncipe Real, property prices typically range from €7,000 to €10,000 which makes this apartment very well-priced at just over €6,600 per sqm. Thanks to Príncipe Real’s enduring desirability, there is potential for capital appreciation over the coming years too.
Due to its excellent positioning on a quiet street while remaining in close proximity to numerous attractions in Lisbon, this apartment is anticipated to excel in the long-term rental market, boasting an estimated gross rental yield of 4%.
ADVISERS’ OPINION
Well-priced for Príncipe Real and moments from the excitement of lively Avenida da Liberdade, These properties are perfect for those looking to relocate to Lisbon or want a pied-à-terre for enjoying city breaks.
Why Invest
- Central yet calm location near Av. da Liberdade
- Spacious apartments bathed in light
- Estimated rental yields of 4%
- Large windows, restored facade and a lift
- Outdoor space
Local Insights
- Upscale and central neighbourhood
- Easy access to transportation and amenities
- Known for its beautiful parks and gardens
- Beautiful mix of historic and modern architecture
- Thriving nightlife with lots of restaurants and bars
*Please note that the images used throughout are indicative or photographs of previous work from the same developer. Images may not be exactly representative of the property.
ENQUIRE ABOUT THIS PROPERTY
| Reference Ref | Type | Bedrooms Beds | m2 | Price | Interested? |
|---|---|---|---|---|---|
| AALB86-B | Apartment | 2 | 113.32 m2 | €750,000 |
|
SIMILAR PROPERTIES FOR SALE
1 Bedroom Apartment Pending Renovation
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2 Bedroom Apartment Pending Renovation
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