The cozy apartment with 50,00 m2 is located on the ground level of a character building set on a tranquil street, which is perpendicular to what is considered the most beautiful street in the world and home to the ancient funicular tram which links Chiado to Bica (Cais Sodre), where the Time-Out market (food-hall) is located. The surrounding area is lined with fantastic restaurants, coffee shops and antique stores: where one can indulge in the local gastronomy and Lisbon's rich heritage and culture.
The property is to be completely renovated and everything will be brand new, including the electrical, water and sewage infrastructures. The historical features in the apartment, including tiles, wooden floors, shutters and ceilings are to be retained during the comprehensive renovations works. Any elements which cannot be restored shall be replaced with the same (new) materials and craftsmanship. The works shall also include pre-installation (pipes and ducts) for air-conditioning throughout.
At this point in time, it is still possible to influence the final layout and finishing's, as was the case with the other units above. For your guidance, the 3rd level apartment buyer opted for the same 1+1 bedroom concept that the developer is proposing, whilst the penthouse apartment (4th level) decided for just a 1-bedroom (more storage) concept You can still choose which layout you prefer.
The building (common areas) was completely renovated roughly 2 years ago by the same developer, so all the mains (water, electricity and sewage) are new. The quality of the renovation works will be truly remarkable. No detail shall be overlooked, or cost spared to deliver a brand new high-quality property. This experienced developer has rolled out many such renovation projects over the years
This is a rare opportunity for you to influence the finishings and layout of this apartment: something which is not always possible. Any and all licensing requirements will be attended to by the developer and the property shall be delivered turn-key (fully renovated)
Developers do not typically want us to photograph or show the properties before they are completed (I actually agree with this) : but given the speed at which properties are being sold, we have no alternative but to sneak our clients into the properties before they are intervened, so that our clients have a fighting chance of securing a property before it is ready and is snatched up immediately it hits the market!
In terms of the rental potential of this property, you can realistically expect an average annual income of roughly 25.000 €
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* 2 beds 2 bath
* 350k Golden visa
* Key ready
* New renovation
* Prime rental hotspot