Investment Building | Avenidas Novas, Lisbon

INVESTMENT BUILDING | AVENIDAS NOVAS, LISBON

100% leased assets | Immediate Yield | Gross Yield ~5.42% | Upside potential

Excellent investment opportunity in Avenidas Novas, Lisbon, in a central, consolidated and high demand location.

Building in full ownership, currently 100% leased, with a diversified income structure between housing and commerce.

Over the years, the building has benefited from remodelling, improvements and constant maintenance, preserving its state of conservation and keeping up with the needs of the property’s use.

A project to expand the building was also submitted to the Lisbon City Council. The T0 flat planned for the penthouse in this project is already built, and the respective situation is framed in the process submitted to the City Council.

Composition of the property:
1 Store approximately 100 m²;
1 T1 33 m²;
2 T0+1 25.9 m² each;
2 T1 36.6 m² each;
1 T0 50 m².

Approximate total area: 308 m²

Investment indicators

Sale price: 1.600.000 €
Total monthly income: €7,231.60
Gross annual income: 86.779,20 €
Gross yield: approximately 5.42%
100% leased

An opportunity that combines immediate income, privileged location and potential for appreciation, also benefiting from the investment made over the years in the remodelling and conservation of the building.

More information, documentation and elements related to the project submitted to the City Council are available by contact.

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OR99940EW
Energy Rating: E
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