INVESTMENT OPPORTUNITY | RUA DO FUNCHAL | LISBON
318 500 €
318 500 €
3 981 €/m²
1bedrooms
1bathrooms
80.0 m²Gross area
Description
80 m² total area | Balconies | For Renovation | Next to Técnico | RENTED
We present an investment opportunity in one of Lisbon’s most sought-after areas, on Rua do Funchal, just 100 meters from Instituto Superior Técnico and very close to the Russian Embassy.
The property is currently rented, with an ACTIVE LEASE CONTRACT AND A MONTHLY RENT OF €681, WITH THE CONTRACT SCHEDULED TO RUN UNTIL MAY 2028.
With 3 rooms and approximately 77.5 m² of gross area plus 2.5 m² of balcony, this property presents strong potential for value appreciation through a full renovation, allowing the new owner to develop a contemporary, functional residential project adapted to current market demands.
The property requires renovation work, 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 balcony is an additional asset, providing outdoor space and contributing to the brightness and overall usability of the future apartment, features that are increasingly valued in Lisbon.
Location is one of the main attractions of this property. Its proximity to Instituto Superior Técnico, about 100 meters away, places it in an area with high 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 attractive for those seeking an investment opportunity with the possibility of value appreciation through a well-planned renovation intervention.
With a very competitive price per m² considering the location, this property allows the acquisition of a significant area in a central and valued part of Lisbon and the later development of a completely renovated residential product.
It is a particularly 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.
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