1 bedroom apartment to refurbish in Madragoa

€249,600

2 Rooms
1 Bedroom
1 Bathroom
37 m² Total surface
37 m² Living area

Description

We present this nice, interesting and well-located apartment, a great investment opportunity located in the traditional and at the same time dynamic area of Madragoa, where we have seen many movements that have added even more value to the already existing attractions, thus configuring a great potential return. As the main differentials, we would highlight the high demand for this type of property from students due to its proximity (160 m) to the ISEG-Instituto Superior de Economia e Gestão of the University of Lisbon, and the proximity of the future Santos-O-Velho Metro Station (250 m) - therefore also very close to the future Estrela Metro Station. The surrounding area also offers proximity to a variety of commerce, services and leisure facilities, as well as easy access to highways and anywhere in the city and its surroundings. This apartment is on the 1st floor of a building without elevator, has just started work, is completely open space and has 1 full bathroom. You can buy the apartment immediately below, together, which is also for sale - a nice one-bedroom of 26.27 sqm - with the possibility of transforming it into a duplex of approximately 64 sqm, or becoming the owner of 2 apartments in the same building.

Engel & Völkers Lisboa MMC

+351 210 200 490

Your advisor: Celia Hirota

Property ID: W-02WP12

Location: Estrela, Lisbon

The current parish of Estrela in Lisbon, is a small parish belonging to this beautiful city, possessing a dynamism and truly unavoidable cultural and religious diversity. Estrela aggregates the old parishes of Lapa, Prazeres and Santos-o-Velho, going from the riverside to the Basilica. It was exactly the Basilica da Estrela that gave its name to the parish and its surroundings, a convent built in honor of Nossa Senhora da Estrela, in 1572, where today we can find the Main Military Hospital. A recent study points out this area of the city as the second most exclusive in Lisbon, chosen as a place of residence by the upper-income families. This area has always been chosen by the most distinguished and wealthy families, and there are still several palaces that belonged to these families. Estrela is one of the most central areas of Lisbon, located in the heart of the city. It is in this area that is located in particular the Parliament and the S. Bento Palace, official residence of the Prime Minister.

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.