Apartment in excellent location with a rental guarantee

A charming 2-bedroom 2-bathroom apartment, located on the 3rd level of a boutique development with just nine apartments, by the Bica funicular and Mercado da Ribeira, in the trendy Sao Paulo area.

This popular residential and touristic area, just a few metres from the historic Ascensor da Bica is Lisbon's new property 'hot-spot'. The funicular has been running since 1892 and is considered a National Monument - it carries passengers up and down a hill which is lined with shops and restaurants.

The building has just 5 levels comprising charming one and two-bedroom apartments. This beautifully renovated 90,94 m2 apartment and generous 11,98 m2 balcony, comes fully furnished and offers an optional4,00% rental guarantee, for a complete hands-off rental operation.

The renovation works have retained much of the original character, whilst blending these with more contemporary finishing's in the bathrooms and kitchens, which come fully equipped with all the appliances. The apartments are ready for handover in September of 2016.

Apartment in excellent location with a rental guarantee

This particular location of central Lisbon is currently experiencing an enormous amount of public and private investment, including the renovation of the entire riverfront promenade, as well as the Cais de Sodre, Corpo Santo and Campo das Cebolas squares, which are to include much needed publicunderground parking(roughly 500 parking bays), representing a total investment of 35.000.000 €!

The apartment is close to the major tourist attractions and amenities, including the fresh-fruit market with the successful Time-Out food-hall concept and the Bica elevator to Chiado. Transport is readily available from the property. These include bus, tram, metro or tune and even train links (to Cascais). One can walk to central Chiado in 5 minutes and to Baixa-Chiado (downtown) in about 10 minutes.

Therefore, the location is unbeatable for short-term (tourist) rentals and the apartment has been carefully designed with rentals in mind. in fact the property come with an optional 4,00% rental guarantee, although this rental facility is not mandatory for the buyer.

Furthermore at just 4.567 € per m2 for this freshly renovated and fully furnished apartment, you would honestly struggle to go wrong!


Property iD: 5941
Price: 493,500€
Property Type: Apartment, Golden Visa 500,000
Property status: For Sale
Bedrooms: 2
Bathrooms: 2
Size: 103 m2
Label: Available
Street: /
District: Sao Paulo
Town: Lisbon
Postcode: /
Country: Portugal
Fully Fitted Kitchen: Yes
Great for investment: Yes