**Building in Chiado with 4 Studios for Local Tourist Accommodation**
This three-floor building was completely reconstructed in 2012, creating four modern T0 apartments, each equipped with a kitchenette, bathroom, and air conditioning, ready for the tourist rental market.
The apartments are characterized as follows:
– **Floor 0:** Studio apartment (27 m²)
– **Floor 1:** Studio apartment (27 m²)
– **Floor 2:** Studio apartment with balconies (27 m²)
– **Floor 3:** Studio apartment with balconies (24 m²)
These elegant studios, including a television, feature large windows and are fully furnished.
This “Alojamento Local” unit is fully operational, with a gross annual turnover of approximately €200,000. It offers an excellent return on investment and benefits from a simplified tax regime as it is classified as personal property rather than a company asset.
Located in the heart of the historic Bica neighbourhood, the building is surrounded by typical shops, restaurants, bars, markets, theatres, art galleries, churches, and museums.
It is just a 3-minute walk from Largo do Camões and the Chiado Metro and a 10-minute walk from Cais do Sodré and Praça do Comércio.
This premium location on Travessa da Laranjeira, in a rehabilitated building, ensures a secure investment opportunity.
If you want to see the latest off market deals in Lisbon get in touch for a consultation.
Property Features
- Building for sale
- High Income
- Prime location
