Discover the potential of this 70 sqm (bruta) apartment nestled on the 2nd floor of a well-located building in the vibrant São Vicente Parish

Lisboa, Lisboa, Portugal

For Sale

€255,000

REF: 790830 €255,000


2

1

70 m2

Description

Discover the potential of this 70 sqm (bruta) apartment nestled on the 2nd floor of a well-located building in the vibrant São Vicente Parish. Despite requiring improvement works, this property presents an excellent opportunity for investors looking to capitalize on its prime location and renovate for rental income or resale.

Key Features: Prime Location: Positioned just 5 minutes away from the bustling shops of Graça and its renowned viewpoints, as well as Rua Morais Soares, convenience and accessibility are at your doorstep. Two Bedrooms: The apartment features two bedrooms, providing comfortable accommodation for residents or potential tenants.

Small Balconies: Enjoy the outdoors with small balconies in one of the bedrooms and the living room, each approximately 2 sqm, offering a cozy space to relax and soak in the surroundings. Investment Potential: Renovation Opportunity: With renovation works needed, seize the opportunity to transform this property into a modern and inviting living space, maximizing its potential for rental income or resale value.

Rental Income: Post-renovation, leverage the high demand for rental properties in this sought-after area, attracting tenants seeking proximity to amenities and cultural attractions. Resale Value: Alternatively, renovate and sell the apartment for a profitable return on investment, leveraging its desirable location and potential improvements.

Don't Miss Out: Don't overlook this excellent investment opportunity to purchase, renovate, and capitalize on the potential of this 2-bedroom apartment in São Vicente Parish. Whether you're an investor or looking to create your ideal urban retreat, this property offers endless possibilities for value enhancement.

Contact me for more information! I speak French, Portuguese and English. I split my commission 50% to 50% with all agencies. Important: Digital channels allow me to ensure close monitoring of all my customers. I am 100% available, by phone or email, to provide you with any additional information about this property and to schedule a physical or online visit.

IAD is a digital real estate company based on professionalism and transparency, working in partnership with commissions with all agencies with an AMI number. As an independent real estate consultant, I have the autonomy to manage my schedule, which allows me to get to know you and offer you the best service wherever you are, ensuring personalized follow-up at all stages of your project. You can contact me in Portuguese, French or English. #ref: 112015
Discover the potential of this 70 sqm (bruta) apartment nestled on the 2nd floor of a well-located building in the vibrant São Vicente Parish. Despite requiring improvement works, this property presents an excellent opportunity for investors looking to capitalize on its prime location and renovate for rental income or resale.

Key Features: Prime Location: Positioned just 5 minutes away from the bustling shops of Graça and its renowned viewpoints, as well as Rua Morais Soares, convenience and accessibility are at your doorstep. Two Bedrooms: The apartment features two bedrooms, providing comfortable accommodation for residents or potential tenants.

Small Balconies: Enjoy the outdoors with small balconies in one of the bedrooms and the living room, each approximately 2 sqm, offering a cozy space to relax and soak in the surroundings. Investment Potential: Renovation Opportunity: With renovation works needed, seize the opportunity to transform this property into a modern and inviting living space, maximizing its potential for rental income or resale value.

Rental Income: Post-renovation, leverage the high demand for rental properties in this sought-after area, attracting tenants seeking proximity to amenities and cultural attractions. Resale Value: Alternatively, renovate and sell the apartment for a profitable return on investment, leveraging its desirable location and potential improvements.

Don't Miss Out: Don't overlook this excellent investment opportunity to purchase, renovate, and capitalize on the potential of this 2-bedroom apartment in São Vicente Parish. Whether you're an investor or looking to create your ideal urban retreat, this property offers endless possibilities for value enhancement.

Contact me for more information! I speak French, Portuguese and English. I split my commission 50% to 50% with all agencies. Important: Digital channels allow me to ensure close monitoring of all my customers. I am 100% available, by phone or email, to provide you with any additional information about this property and to schedule a physical or online visit.

IAD is a digital real estate company based on professionalism and transparency, working in partnership with commissions with all agencies with an AMI number. As an independent real estate consultant, I have the autonomy to manage my schedule, which allows me to get to know you and offer you the best service wherever you are, ensuring personalized follow-up at all stages of your project. You can contact me in Portuguese, French or English. #ref: 112015
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Property on Map

#112015

Currency Exchange

Lisboa, Lisboa, Portugal

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €255,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€255,000 £216,926 £223,518 £6,592
Property Price € €255,000
Minimum cost in the last six months £216,926
Maximum cost in the last six months £223,518
Fluctuating exchange rates over the last six months could have increased the cost of this property by £6,592

Lisboa, Lisboa, Portugal

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €255,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€255,000 £216,926 £223,518 £6,592
Property Price € €255,000
Minimum cost in the last six months £216,926
Maximum cost in the last six months £223,518
Fluctuating exchange rates over the last six months could have increased the cost of this property by £6,592

The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £6,592 more.

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