INVESTMENT OPPORTUNITY | RUA DO FUNCHAL | LISBON
325 000 €
325 000 €
3 736 €/m²
1bedrooms
1bathrooms
87.0 m²Gross area
Description
87 m² of total area | Balconies | For Renovation | Near 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 €875, with the contract scheduled to remain in force until February 2027.
With approximately 81 m² of gross floor area plus 6 m² of balcony, this property offers strong appreciation potential through a complete renovation, allowing the new owner to develop a contemporary, functional residential project suited 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 balcony is an additional asset, providing outdoor space and contributing to the brightness and 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 various points of interest in the city.
The established surroundings and existing demand in the area make this property particularly interesting for those seeking an investment opportunity with potential for appreciation through a well-planned renovation.
With a very competitive price per m² for its location, this property allows the acquisition of a significant area in a central and highly valued part of Lisbon and the subsequent development of a completely 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.
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