Full Description
Investment opportunity in the heart of Alverca!
Set of 6 fractions belonging to a plate building in horizontal property, with 4 floors, 5 of them leased and 1 vacant, 3 T1 with 50m2 and 3 T1 with 56m2.
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 3 of the 6 apartments.
It currently has a total rental value of €2,109/month (€25,308/year), but with the potential to increase annual income to €46,800, rising to the current yield of 2.13% (a property is vacant) to 5.57%.
Possibility of buying together with 2 other buildings in the same area, fully rented.
If you are looking for an investment with the potential to increase the rate of return, contact us.
Energy Rating: D
#ref: 5094
Read more