Building For Sale In Full Ownership, In Misericórdia, Lisbon

Building for Sale in Full Ownership, in Misericórdia, Lisbon One asset. Two investment strategies. One location that continues to attract demand. Imagine acquiring a building in one of Lisbon’s most sought-after areas, with rental income already in place and the possibility of exploring an asset repositioning and transformation strategy in the future. This is the opportunity presented by this building in full ownership, located in Misericórdia, in a central and established area of Lisbon, with strong demand in both the rental and tourism markets. The property comprises 7 independently usable units, designated for residential and commercial use, with a total private gross area of 550 sqm. The building is currently almost fully let, allowing an investor to acquire an income-producing asset with rental income already in place, in a location where demand for rental properties remains particularly strong. Over the years, the building has been progressively renovated and maintained, including works to the roof, reflecting ongoing attention to the preservation and upkeep of the property. However, the potential of this property does not end with its current rental income. For an investor pursuing a value-add strategy, the property may also be of particular interest as a full transformation project, allowing its configuration and use to be reconsidered and its potential maximised by taking advantage of its location and scale. Any such strategy would be subject to the necessary planning, technical and licensing feasibility assessments. TWO POTENTIAL INVESTMENT STRATEGIES Hold and generate income Acquire an almost fully let building, preserving its existing income profile while benefiting from an asset located in an established and highly sought-after area of Lisbon. Transform and create value For investors looking to create additional value, explore a more substantial intervention in the property, taking advantage of its location, size and existing characteristics to develop a new strategy for the asset. The building predates 1951 and, according to the available documentation, falls under the applicable regime for properties from this period and does not require a use licence. KEY FEATURES - Misericórdia, Lisbon - Building in full ownership - 5 floors - 7 independently usable units - 550 sq m total private gross area - Residential and commercial use - Building dating from before 1951 - Almost fully let - Renovated and maintained over the years - Roof works completed - Central location with strong rental demand An asset for investors looking for income today, while keeping open the possibility of creating additional value tomorrow. For further information regarding the property, please get in touch. (ref VA-125501048-5)