2 Bedroom Apartment Pending Renovation

Principe Real, Lisbon, Portugal

Pending Renovation
2 bedrooms
€740,000

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.

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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	€740,000

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