Building for sale in Lisboa

BRAANCAMP STREET BUILDING, NEXT TO MARQUÊS POMBAL and AV. FREEDOM.

SOLD VACANT OR WITH YIELD.

PROFITABILITY BETWEEN 7% AND 13%.

LOCAL ACCOMMODATION LICENSE IN FORCE WITH THE POSSIBILITY OF TRANSFERABILITY.

Building in full ownership on Rua Braancamp next to Marquês de Pombal, Rua Castilho, and Av. Liberdade, in an emblematic area of the city of Lisbon.

The lot corresponds to an area of 740m2, with a patio of 100m2.

It is completely refurbished, exteriors, roof, interiors and apartments, except for the 4th floor which is original.

The building consists of 4 floors and a shop.

The store, a restaurant/pastry shop with a license with an ABP of 300m2, terrace of 20m2, and patio of 100m2, is leased with an annual income of €48,000.

Apartments rented in traditional rental and local accommodation (long term).

There is the possibility of the property being in its entirety with 14 T0 apartments.

The 1st floor (2 apartments), 2nd floor (4 apartments) and 3rd floor (4 apartments) are composed of a total of ten apartments, type T0, in which each floor corresponds to an ABP of 145m2.

All apartments refurbished with equipped kitchens, bathroom, with air conditioning and each floor with a tele accumulator.

The 4th floor consists of an apartment with six original bedrooms, kitchen, bathroom and balcony.

On this floor to be carried out works can be changed to four apartments similar to the 2nd and 3rd floors or another type of typology.

The property can be sold completely VACANT, except for the store, which can continue to be leased or the termination of the lease agreement or SOLD with the current income (store and apartments) can be negotiated.

Possibility to explore for other income activities.

For more information contact me (plans, interior photos, energy certificates, etc..)

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