INVESTMENT OPPORTUNITY | RUA DO FUNCHAL | LISBON
315 000 €
315 000 €
3 706 €/m²
1bedrooms
1bathrooms
85.0 m²Gross area
Description
85 m² 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 Russian Embassy.
The property is currently rented, with an active lease agreement and a monthly rent of €457, with the contract set to remain in force until September 2027.
With approximately 82.5 m² of gross area plus 2.5 m² of balcony, this property offers high potential for value appreciation through a full renovation, allowing the new owner to develop a contemporary, functional residential project tailored to current market demands.
The property requires renovation, offering the freedom to define the layout, materials, equipment, and level of finishes, making it possible to create a distinctive apartment suited both to the residential market and to rental investment.
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 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 established surrounding area and existing demand make this property particularly appealing for those seeking an investment opportunity with value appreciation potential through a well-planned renovation.
With a very competitive price per m² considering the location, this property allows you to acquire a significant area in a central and highly valued part of Lisbon and later develop a fully 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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