Urban single-family house with contemporary design style

Santa Engrácia, Lisboa, Lisboa, Lisboa Portugal

$464,780

Price

28%

Cap Rate

$326,000

NOI

Overview
Cap Rate
28%
NOI
$326,000
Building Size
224 sqm
Lot Area
90 sqm
Units
1
Year Built
2024
Floors
3
Parking Spots
1
Beds
3
Baths
4
Description

Urban single-family house with contemporary design style

Excellent investment opportunity.
Vacant building (low-rise and easy to demolish) with an approved architectural project for the construction of a 3-bedroom detached house with a contemporary design and a specialised project in the approval phase.

Expenses in terms of time, projects and bureaucracy have already been resolved and included in the proposal presented here. For immediate start of construction.

Project to build a single-family house in a contemporary style, consisting of 3 floors with good areas, stairs and a lift connecting all floors. Building suitable for people with reduced mobility.

Good sun exposure, both on the main façade and on the rear façade, where large areas of glass allow natural light in.

It has a garage (an important advantage in the area) and a small, friendly garden area (19.1m2) to the rear.

On the ground floor (Level 0), in addition to the garage and solid waste storage compartment, the project also proposes a stairwell/vertical access centre and a suite compatible with the use of people with reduced mobility, which can be transformed into a studio or office, with access to the garden space.

The first floor houses the social areas of the house, the lounge (which has a balcony), the kitchen/kitchenette and laundry room, as well as a guest toilet.

On the second floor there are two more suites, one with a dressing room and a balcony accessible from any of the bedrooms.

Floor area - 204.30m2 + 19.1m2 (garden)
Floor 0 - 68.1m2 + 19.1m2
Floor 1 - 68,1m2
Floor 2 - 68,1m2

Located close to Santa Apolónia station (train and metro) and the National Pantheon, but also close to Sapadores and Graça, the building has good areas, good natural light and high quality materials. The area is easily accessible, close to public transport and various social facilities. Suitable for people with reduced mobility, garage for one car, lift and views over the river.
The riverside area is home to one of Lisbon's most pleasant neighbourhoods, Cais da Pedra, which is home to some of the city's trendiest restaurants, frequented by a cultured and sophisticated public, day or night.

Possible profit margin for the investor - 25% to 30%

PRICE - 428.000€

Available for any clarification.

Highlights
  • Investment opportunity

Location
Gallery