Engel & Völkers
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Engel & Völkers Lisboa MMC

+351 210 200 490

W-02WH9K – This is the Engel & Völkers property ID, your agent might ask for it.

Oscar Baptista

EV MMC PORTUGAL - Mediação Imobiliária, Unipessoal Lda - AMI 15208

Website
Engel & Völkers ID : W-02WH9K
Lisbon, Portugal

1+1 bedroom apartment for renovation with private terrace near parliament

Price
€425,000

Bedrooms2
Bathrooms2
Living area99 m²

Amenities and special features of this apartment

1+1 bedroom apartment with 99.80 sqm of total area, located in the heart of Príncipe Real, just a few meters from the famous Praça das Flores. This property, located on the ground floor of a traditional building, recently renovated, consists of a living room with 2 windows, which allows natural light to enter, 1 complete bathroom, 2 bedrooms, one of which is internal, a pantry, and a kitchen with access to a fantastic private terrace with 34.20 sqm facing the rear to a sunny and quiet area. APPROVED RENOVATION PROJECT: This apartment benefits from a renovation project recently approved by Lisbon City Council, which aims to increase the value of the property while preserving its charm and authenticity. The approved project foresees the creation of a hall, corridor, living room with open space kitchen, with access to the private terrace, 1 guest bathroom, laundry room and 1 suite with bathroom and closet. TAX BENEFITS: As it is located in an Urban Rehabilitation zone, the renovation of this property will allow you to obtain tax benefits such as the possibility of refunding the IMT amount paid on the acquisition of the property, reduction of the VAT rate from 23% to 6% on renovation costs and IMI (Annual city Tax) exemption for 3 years from the year of completion of the renovations. This is a unique opportunity to acquire a property for remodeling to taste, in one of the most valued areas of Lisbon, just 300m from the famous Praça das Flores and the Assembly of the Republic and Jardim Botânico, with a wide range of restaurants and services around.
Object type

Flat

Rooms

3

Bedrooms

2

Bathrooms

2

Terrace surface

39 m²

Living area

99 m²

Total surface

100 m²

Condition

Needs Rehabilitation

Construction year

1951

Energy certificate available

Yes
Features
Garden
Patio
Terrace

Lisbon: Location and surroundings of this property

Parish that was born from the merger of the old parishes Mercês, Santa Catarina, Encarnação and São Paulo. From Bairro Alto and Príncipe Real to Cais do Sodré, there are countless points of tourist interest: the Glória and Bica lifts, the Ribeira Market, the São Pedro de Alcântara and Santa Catarina viewpoints and the bars, restaurants and nightlife in Bairro Alto and Cais do Sodré. Príncipe Real, a very central area, inserted in one of Lisbon's historic districts, is also a privileged area from the point of view of public spaces, being very close to Jardim das Flores and Jardim do Príncipe Real, equipped with a children's garden and terraces, theaters and universities. Bairro Alto is one of the oldest and most surprising neighborhoods in Lisbon (over 500 years old), with narrow, paved streets, century-old houses and small traditional shops. It has several bars, restaurants and "fado houses" and a unique atmosphere. A "trendy" neighborhood where secular houses merge with traditional commerce and leisure spaces, in a mix of colors and shapes. Santa Catarina is, like so many others, a neighborhood that is completely built on a hill. When talking about Santa Catarina, two spaces immediately come to mind: the Miradouro de Santa Catarina and Bica. Location with a variety of public transport, restaurants and picturesque places with esplanades and terraces with stunning views over the city of Lisbon and the Tejo River.

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Get personal advice

engel & völkers shop image
Engel & Völkers
Lisboa MMC

Avenida Liberdade 196, 7º andar, 1250-096, Lisboa

+351 210 200 490

Engel & Völkers
Engel & Völkers Lisboa MMC

Avenida Liberdade 196, 7º andar, Lisboa, 1250-096

W-02WH9K – This is the Engel & Völkers property ID.
Oscar Baptista
EV MMC PORTUGAL - Mediação Imobiliária, Unipessoal Lda - AMI 15208
Website

Commission details

Availability upon agreement. This material is based upon information which we consider reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete and it should not be relied upon as such. This offering is subject to errors, omissions, change of price or withdrawal without notice. Taxes, notary and registry fees must be paid by purchaser, the commission by the seller as stipulated by Portuguese regulations.


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