Description
Building with 3 Apartments and Guaranteed Profitability in Calçada de Santana!
This building presents an excellent investment opportunity with guaranteed profitability, located at Calçada de Santana nº 114. With a total area of 110.5 sqm (although the property registry only states 70.8 sqm), the property consists of three distinct apartments, all currently rented under medium-term leases.
Description of the Units:
• Ground Floor (26.8 sqm): A functional studio composed of a kitchen/living room in a kitchenette format, a bedroom, and a complete bathroom. Ideal for individual rental.
• 1st Floor (30.5 sqm): An apartment with a living room and balcony, separate kitchen, one bedroom, and a complete bathroom. Offers a comfortable and well-distributed living space.
• 2nd Floor (Unregistered Duplex - 53.2 sqm):
• Lower Floor: Living room with a balcony and stairs leading to the upper floor, and a separate kitchen.
• Upper Floor: A complete bathroom and a spacious bedroom offering ample living space.
Profitability:
• Gross Annual Profitability: 5.57%. This value represents an attractive return on investment.
Investment Advantages:
• Immediate Profitability: With all apartments already rented, the investor benefits from a cash flow from the first moment.
• Strategic Location: Situated at Calçada de Santana nº 114, the building benefits from good accessibility and proximity to services, commerce, and transportation in Lisbon.
• Potential for Appreciation: Properties with stable income and a good location tend to appreciate over time in the Lisbon real estate market.
• Risk Diversification: Having three rented units minimizes investment risk.
Contact us and make a great investment!