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Property for sale

Vila Franca de Xira, Lisbon and Lisbon Coast, Portugal

£669,894 *  [€775,000]

Property for sale

Vila Franca de Xira, Lisbon and Lisbon Coast, Portugal

£669,894 *  [€775,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0
  • Plot size: 162 m2
  • Habitable space: 304.2 m2

Features


  • Double Glass
  • Energy performance certificate – E

Full Description


Unique investment opportunity in the heart of Alverca!
Building in total ownership, with 3 floors, consisting of 4 T2 and 2 T1 all with 51m2, in a total of 6 apartments with residential allocation with:
- Total land area - 162m2
- Implantation area - 118.8m2-
- Private gross area - 304.2m2
Located in a consolidated and central area, next to the José Álvaro Vidal Garden, well equipped, with easy access to all kinds of shops, schools and other essential services.
The building was fully rehabilitated in 2010, including the 6 apartments.
It currently has a total rental value of €3,165/month (€37,980/year), but with the potential to increase annual income to €52,800, rising to the current yield from 4.90% to 6.81%.
Possibility to buy in conjunction with another identical building with current yeld of 3.86% and potential of 6.95%.
If you are looking for a rehabilitated building with the potential to increase the profitability rate, contact us.
Energy Rating: E
#ref: 5092
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This property listing (ref: 5092) is an advertisement supplied by AMI License 14860 | Cityground Consulting, Lda and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8644 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.