INVESTMENT OPPORTUNITY | RUA DO FUNCHAL | LISBON

INVESTMENT OPPORTUNITY | RUA DO FUNCHAL | LISBON

287 500 €

For Sale
C

287 500 €

2 751 €/m²

1bedrooms

1bathrooms

104.5 m²Gross area

Description

104.5 sqm of total area | Balconies | For Renovation | Next to Técnico | Rented

We present an investment opportunity in one of the most sought-after areas of Lisbon, on Rua do Funchal, just 100 meters from Instituto Superior Técnico and very close to the Embassy of Russia.

The property is currently rented, with an active lease agreement and a monthly rent of €745.30, with the contract scheduled to run until January 2028.

With approximately 64 sqm of gross area plus a 40.5 sqm terrace, this property offers strong value appreciation potential through a full renovation, allowing the new owner to develop a contemporary, functional residential project adapted to current market demands.

The property requires refurbishment, offering the freedom to define the layout, materials, equipment, and level of finishes, making it possible to create a distinctive apartment suitable both for the residential market and for rental purposes.

The terrace is an additional asset, providing outdoor space and contributing to the brightness and overall quality of use of the future apartment, features that are increasingly valued in Lisbon.

Location is one of the main factors making this property attractive. Its proximity to Instituto Superior Técnico, about 100 meters away, places it in an area with strong demand from students, professors, professionals, and investors, while also benefiting from nearby shops, services, restaurants, public transport, and several points of interest in the city.

The well-established surroundings and existing demand in the area make this property particularly appealing for those seeking an investment opportunity with the potential for appreciation through a well-planned renovation.

With a very competitive price per square meter for its location, this property allows the purchase of a significant area in a central and highly valued part of Lisbon, with the possibility of later developing a fully renovated residential product.

It is an especially interesting opportunity for investors, developers, or private buyers looking for a property with renovation and appreciation potential in a location where residential and rental demand remains high.

Casas São Paixões!

Details

Apartment
Used
1 Bedrooms
1 Bathrooms
1 floors
104.5 m² gross area
64.0 m² usable area

Equipment

Terrace
Residential

Location

Address: Lisboa, Lisboa, Arroios

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