Intendente Largo 57
Delivered in 2020, this apartment for sale in Intendente is an interesting opportunity for those seeking a long-term buy-to-let investment or a second home in one of Lisbon's most creative and exciting areas.
Set within a recently renovated period property 50m from the metro station, this apartment for sale in Intendente has a good selection of shops, amenities and restaurants on the doorstep. From this convenient spot, Baixa and Mouraria are just 10 minutes away on foot and it is a 15-minute walk to the Tagus river.
Especially popular with younger crowds, trendy Intendente offers more competitive property prices than nearby bairros and properties here have strong potential for capital appreciation as the neighbourhood continues to evolve.
This fully furnished apartment is located on the second floor of a renovated building, which is serviced by a lift, and spans 126 sqm. The property comprises an open-plan living and dining area of 46 sqm, complete with a sleek integrated kitchen, and two bedrooms with en-suite bathrooms. One of the bedrooms has a walk-in wardrobe too.
The living area and the bedrooms receive plenty of natural light as they are south-west facing and have large glass doors that open onto a 16 sqm balcony overlooking the communal area. This well-presented property features wood flooring, industrial-style finishes and a sophisticated colour palette that balances monochrome shades with tasteful pops of colour.
This property also has access to a large communal garden, perfect for unwinding and soaking up Lisbon’s 290 days of sunshine a year, and a bicycle room.
Thanks to its great location close to the metro station in a trendy neighbourhood, this apartment is perfect for buy-to-let investors. It is sold with a tenant in-situ until September and after September owners can decide whether they want to carry on renting it out or if they would like to make it their secondary or primary residence. The apartment is currently rented out for €2,000 per month.
Whilst Intendente still offers more competitive prices than many neighbouring bairros, property prices have risen by as much as 45% over the past five years and there is still room for capital appreciation as this neighbourhood continues to evolve.
“This competitively priced apartment in a growing neighbourhood is a great opportunity for those looking for a buy-to-let investment or a second home in a trendy, creative bairro.”
Carlota Pelikan, Destination Adviser for Portugal
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Managing Director, Portugal