Building  in Lisboa
Building  in LisboaBuilding  in Lisboa
€1,690,000

Building in Lisboa

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Description

INVESTMENT OPPORTUNITY - BUILDING FOR SALE IN HORIZONTAL PROPERTY IN BENFICA APPROVED PROJECT for Building with 10 UNITS and Total Rehabilitation on Calçada do Tojal in Benfica with an estimated construction cost of €550,000.00 The building currently consists of 8 units in an ARU Zone and has an approved project for the creation of 2 additional units, totaling 10 residential units. This approval allows for a rehabilitation strategy and immediate inventory increase, properly licensed. Floors, Typologies, Interior Useful Area, Exterior Area and Details: - Basement with 2 Studio Apartments with ~28 m² with private outdoor space (~34 m²); - Lower ground floor with 2 One-bedroom Apartments with ~40 m² with private outdoor space and balcony; - Ground floor with 2 One-bedroom Apartments with ~43 m² with Balcony (4.5 m²); - 1st Floor with 2 One-bedroom Apartments with ~43 m² with Balcony (4.5 m²); - Attic with 2 Studio Apartments with ~27 m² with private terrace. There are two rental contracts in force, one lifetime contract and one fixed-term contract. Key Points: • Immediate addition of 2 units to existing through approved project; • Exterior spaces: Private outdoor areas and terraces in 6 units; • Licensing: Immediate viability for all 10 units; • Tax efficiency: Operation with IMT exemption valued at €126,750.00; • Sales Projection: €3.5M - Focus on more affordable housing, shortage of studios and one-bedroom units in the area; • Acquisition values per property: 5 x One-bedroom: €235,000 each; 3 x Studio: €150,000 each; • Acquisition values for rented units: 1 x One-bedroom: €65,000; 1 x Studio: €65,000 * with annual income: €7,116.48. Come visit and submit your proposal!

Ref: 1070282

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Price details

Property price
€1,690,000
Price per m²
€3,832 / m²

Energy performance

Energy performance diagnosis

  • F

Lisboa, Benfica

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