EXCELLENT INVESTMENT OPPORTUNITY:
3 apartments in a renovated building, located in a prime area of Principe Real, just 200m from the famous Praca das Flores and the Assembly of the Republic.
GROUND FLOOR: 1+1 bedroom apartment with 99.80 sqm of total area. This property, located on the ground floor, consists of a living room with 2 windows, which allows natural light to enter, 1 complete bathroom, 2 bedrooms, one of which is interior, pantry, and kitchen with access to a fantastic private terrace measuring 34.20 sqm rear facing sunny and quiet area.
1st FLOOR: T1+1 apartment with 74 sqm of total area, comprising a living room with access to 2 balconies, which allows natural light to enter, 1 complete bathroom, kitchen with rear-facing windows to a quiet area and 2 bedrooms, one of which their interior.
ATTIC : Studio with 26.40 sqm of total area comprising living room and kitchenette in an open space and 1 complete bathroom.
APPROVED RENOVATION PROJECT: Each of the 3 apartments benefits from a renovation project recently approved by the Lisbon City Council, which aims to increase the value of the properties while preserving their charm and authenticity.
TAX BENEFITS: As it is located in an Urban Rehabilitation zone, the remodeling of these apartments will allow you to obtain tax benefits such as the possibility of refunding the IMT amount paid when purchasing the property, reducing the VAT rate from 23% to 6% on costs of renovation and exemption from IPTU for 3 years from the year of completion of the renovation works.
This is a unique opportunity to acquire 3 properties for renovation to your liking, being able to internally connect the 3 units transforming them into a family home or put them on the rental market. This is a safe investment in a property that is located in one of the most valued areas of Lisbon, just 300m from the famous Praca das Flores and the Assembly of the Republic and Jardim Botanico, with a wide variety of restaurants and services around.
Energy Rating: C
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