Building in Santo António

A corner building with an approved architectural project and a specialities project under approval by the Lisbon City Council, located just a few steps from the prestigious Avenida da Liberdade. The building currently has a gross floor area of 540 sqm and consists of 3 partially refurbished flats (T6+ T4+ T4) and 3 vacant commercial spaces with one bathroom each, also recently refurbished. The apartments have flexible leases and the current net income is around €155,000/year, with potential for growth.The project includes a gross construction area of 920 sqm with 7 apartments (3 x T3, 2 x T1, 2 x T0) and 2 commercial spaces on the ground floor. As well as generating a solid income, this asset also represents an exceptional investment opportunity, such as in the student accommodation or long-term rental segment. Its privileged location offers convenient access to universities, hospitals, restaurants, shops, services, tourist attractions and the airport.