Building with current income of €127,000.00/year and architecture project approved for rehabilitation and expansion to 914 sq m of GCA, next to Avenida da Liberdade.
Liberdade Heights -gaveto building with architecture project approved by CML in Santa Marta
Explore an exceptional and versatile investment opportunity in the heart of Lisbon, just steps from the famous Avenida da Liberdade.
- Investment profile 1: maintenance of existing rents, with feasibility of enhancing this yield , benefiting from the approval of CML to expand the building in two more floors .
- Investment profile 2: development of the architecture project approved , with an indicative value of sale, estimated at € 5,500,000.00, corresponding to the new construction of the 9 units already approved by CML
description of the architecture project approved in Feb'24, for extension and rehabilitation :
- 914 sq m ABC
- 4 floors
- 7 apartments ( 3xT2 + 2xT1+ 2 T1 studio)
- 2 shops
- Lift
- Unobscured views
description of the current situation:
Building consisting of 3 apartments and 3 shops, spread over 2 floors.
On the ground floor three shops, on the 1st floor 3 apartments being one of the duplex apartments, with the following typologies:
- Apartment I: 6 bedrooms with 3 bathrooms - renovated
- Apartment II: 4 bedrooms with 2 bathrooms - renovated
- Apartment III: 4 bedrooms with 2 bathrooms - renovated
- 3 shops with renovated bathrooms and storefronts
All fractions have undergone rehabilitation and have actual and current performance of :
- Residential: €127,440.00/year- 14 rooms
- Shops: €36.600,00/year ( ready to rent)
- Total annual income: €160,000.00 - approx.
- Shop 1: €12,000.00/year - expected
- Shop 2: €13,830.00/year - expected
- Shop 3:€10.800,00/year - expected
- 14 rooms: 650.00/month/€127,440.00/year - actual income leased
Located next to Avenida da Liberdade the most luxurious street in the country and the Marquês de Pombal Square, benefiting from a privileged location.
Here you will find national and international companies, as well as a wide variety of hotels, services and restaurants
Hotel Inspira, the Hospital de Santa Marta the Autonomous University of Lisbon - 100 meters
Next to Santa Marta street and Passadiço street, 200 meters away from Avenida da Liberdade and Santa Marta Hospital, 500 meters away from Avenida metro station, 650 meters away from the roundabout of Marquês de Pombal and 18 minutes away from Lisbon Airport, nearby vast trade and services such as restaurants, shops, leisure spaces, services, gyms, hospitals and schools.
Energy Rating: D
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