É A charming 2-bedroom 2-bathroom apartment, located on the 4th level of a recently renovated character building, equipped with a modern elevator, in the much sough-after Chiado district.
The beautifully renovated 136,00 m2 apartment, with its generous French balcony (accessible from the kitchen and living room), has been tastefully furnished. The renovation has retained much of the old character, including features such as the original crossbeam structure, 18th century “Pombalino” tiles and the unique wooden floors and shutters. The kitchen comes fully equipped with all the appliances and boasts a beautiful panel of original tiles as a reminder of the rich heritage of the 18th century building. The building is now equipped with a modern elevator.
The apartment comprises a generous living room with 2 ceiling-to-floor windows, which lead off on to the balcony, a spacious sunny kitchen with its own window and access to the same balcony, a guest bathroom in the corridor, guest bedroom with natural light and the large master-suite with an adorable en-suite bathroom, which offers a collection of original 18th century tiles. Both bedrooms have natural light and face away from the main street below.
This particular area of central Lisbon is currently experiencing an enormous amount of public and private investment, including the renovation of the entire riverfront promenade, as well as the Cais de Sodré, Corpo Santo and Campo das Cebolas squares, which are to include much needed public underground parking (roughly 500 parking bays), representing a total investment of 35.000.000 €!
The location is also unbeatable for short-term (tourist) rentals and the apartment has been carefully designed with rental in mind. Located on one of the most well known streets in the Chiado area, this is rare “no-brainer” investment opportunity. In rental terms, you can realistically expect to rake in an impressive 49.640 € per annum or a 9,03% gross rental yield. If you discount the operating costs (roughly 35,00%), then the net rental yield is 5,87% per annum.
Furthermore at just 4.230 € per m2 for this fully furnished apartment (excludes a few personal items), you would honestly struggle to go wrong!
- City Views
- Fully Fitted Kitchen