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Buildings - Building for Sale, in Lisboa, Penha de França, Alto São João, Published in the last 8 days

Buildings - Building for Sale, in Lisboa, Penha de França, Alto São João, Published in the last 8 days
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Alto São João, Penha de França, Lisboa, Distrito de Lisboa
Used · 483m²
buy
1.680.000 €
Alto de São João. Building. Vacant. Expansion potential. High appreciation potential.

A classic building with significant potential for appreciation. The building currently consists of 6 vacant units, all T2 apartments. The units are spacious and bright, with access to private gardens via the service staircase, offering a unique opportunity in the city. The property presents an excellent foundation for rehabilitation and modernization. By preserving its traditional character, it allows for an intervention that offers substantial appreciation potential.

One of the building’s major advantages is its expansion potential. With the rehabilitation and expansion project, there is the possibility of creating 5 additional apartments, significantly increasing the housing capacity and, consequently, the return on investment. This makes the property an excellent opportunity for investors looking to enter the rental market or for resale projects after modernization.

Located in an area with excellent accessibility, the building is situated in a neighborhood well-served by public transportation, green spaces, schools, and a wide range of shops and services.

The building will be sold with the expansion project already approved.

More information upon request.
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