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SMS2 Bedroom Apartment Pending Renovation
Principe Real, Lisbon, Portugal | Ref: AALB86-C
2 Bedroom Apartment Pending Renovation
Principe Real, Lisbon, Portugal
2 Bedroom Apartment Pending Renovation
Principe Real, Lisbon, Portugal
- Pending Renovation
- 2 bedrooms
- €770,000
- Print House C
- Interior: 117.22m2
- Exterior: 19.98m2
In sought-after Príncipe Real, steps away from the São Pedro de Alcântara miradouro, this apartment for sale is part of an exciting renovation of a former print house and is ready to rent out or move into right away.
ABOUT THE LOCATION
This property is located on a peaceful street in Príncipe Real close to São Pedro de Alcântara, one of Lisbon's best viewpoints. Whilst sheltered from the hustle and bustle, a good selection of amenities can be found close by and Avenida da Liberdade, Lisbon's famous shopping street brimming with high-end boutiques, is just four minutes away on foot. This apartment is perfect for small families looking to live peacefully in the capital or wanting a home away from home for city breaks.
About The Property
This 117.01 sqm apartment is part of an exciting renovation project which will turn a former print house into a collection of 11 modern apartments. Appreciating the history of the property, the original facade will be carefully preserved whilst the interior of the apartment will be created in a contemporary style with large windows to make the most of the natural light and the city views. The property consists of two double bedrooms with fitted wardrobes, an open-plan living and dining area, and a separate equipped kitchen. There is also a 21.35 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 under €6,600 per sqm. Thanks to Príncipe Real’s enduring desirability, there is potential for capital appreciation over the coming years too.
Thanks to the property's great location on a calm street yet close to many of Lisbon's best attractions, this apartment is set to perform well on the long-term rental market with an estimated gross rental yield of 4%.
ADVISERS’ OPINION
Well-priced for Príncipe Real and moments from the excitement of lively Avenida da Liberdade, this apartment is 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
- Good for rentals
- 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-C | Apartment | 2 | 117.22 m2 | €770,000 |
|
SIMILAR PROPERTIES FOR SALE
2 Bedroom Apartment Pending Renovation
Principe Real, Lisbon, Portugal
- 2 Bedrooms
- €750,000
- Print House B
