Description
BUILDING WITH RIVER VIEW - AJUDA - LISBON
EXCEPTIONAL INVESTMENT OPPORTUNITY AND IMMEDIATE RETURN.
This traditionally designed building, stands out for its prime location in the Ajuda neighborhood.
In a full-ownership structure, the property consists of five units with independent entrances, optimising versatility as it is suitable for various purposes, such as student residence, local accommodation, or private housing.
Whilst retaining some of the original elements that enhance its historic charm and authenticity, the building is in good condition, making it an excellent investment option in Lisbon.
BUILDING COMPOSITION:
Basement: The basement, yet to be remodeled and with direct street access, consists of a commercial space with two rooms, two bathrooms, several storage areas, and independent access through a private courtyard with a gate.
Ground floor: With two independent entrances, the ground floor has a flexible layout allowing for various usage options. It consists of two bedrooms, a living room, an equipped kitchen, a full bathroom, and a pleasant terrace, all in good condition and with immediate income.
1st Floor: This floor, also with immediate income, includes two independent apartments. The 1st, a spacious 2 bedroom flat, has two bedrooms, a living room, an equipped kitchen, a bathroom, and a terrace with a stunning view of the Tagus River. The 2nd, a 1 bedroom flat with a balcony, includes a bedroom, an additional room, an equipped kitchen, and a bathroom.
Attic: The spacious and bright attic, also yet to be remodeled, offers a view of the 25 de Abril Bridge. In addition to its current layout with a kitchen, living room, bedroom, and bathroom, the attic includes additional spaces that can be converted for substantial value appreciation of the property.
Investing in Ajuda is an excellent opportunity, offering a prime location with numerous advantages for both residential and investment purposes. Ajuda is strategically situated close to various public and private universities, including the renowned Faculties of Architecture, Social and Political Sciences, Veterinary Medicine, Agronomy, and Law. This makes the area highly attractive to students, academics, and professionals. Additionally, the neighborhood provides convenient access to top-tier healthcare facilities such as CUF Tejo, CUF Belem, Sao Francisco Xavier, and Egas Moniz hospitals, ensuring quality medical services for residents.
The building's location is also just minutes away from some of Lisbon's most iconic tourist and cultural attractions, such as the Ajuda National Palace, Ajuda Botanical Garden, Belem Cultural Center, Coach Museum, and the MAAT. Its proximity to the Tagus River further enhances its appeal, offering picturesque views and outdoor leisure options.
Ajuda is well-served by diverse local shops and boasts an excellent public transportation network, making daily life convenient and accessible. Whether you're looking to cater to the thriving rental market or secure a long-term asset, the combination of its educational, cultural, and commercial offerings makes this 5-unit building a sound investment in a sought-after location.
More information @mainstone.pt
Energy Rating: E