Turn-key T2+2 Lisbon apartment project fully renovated compliant with the 350K Golden Visa program
T2+2 Lisbon apartment project fully renovated
Compliant with the 350K Golden Visa program
A sunny 2-bedroom apartment with roughly 75,00 m2, located on the 1st level of a classical 1970’s building in the Avenidas Novas, more precisely in Praça do Chile, widely recognised for being more affordable and with a life of its own.
The location is very convenient for modern-day living, with all the necessary local shopping, banks, coffee shops and restaurants, literally at the doorstep of the apartment. The Portuguese equivalent of the MIT University (IST) is just up the road from the property, as are numerous hospitals and other education facilities… all of which are excellent sources of long-term tenants. The metro station (Arroios) is no more than 50 m from the apartment, which is also serviced by numerous bus routes. The building is equipped with two elevators.
The property is set to be renovated, according to a schedule and layout to be agreed with the future owner. It shall be delivered as a “turn-key” project, i.e. as fully renovated property and is fully compliant with the 350K Golden Visa program, in that the builder will break the turn-key project down into the “shell” (unrenovated property) plus the foreseen renovation works, taking care of all the licensing requirements associated with the proposed renovation.
As for the renovation works, these will entail “gutting” the property and complete overhaul (full renovation), including new electricity, water and sewage infrastructures. Any historical elements (especially the floors and doors) shall be preserved or replaced, and the works will include fully-fitted kitchen and pre-installation for air-conditioning.
The proposed layout comprises a bright living room, guest bedroom, bathroom and master bedroom with its balcony and en-suite bathroom, kitchen and separate storage or laundry room. Of course, the beauty of renovating “yourself” is that you can influence the layout and finishing… something which is not possible when buying an already renovated property.
In a nutshell, you will get a brand-new apartment in an excellent location, without any licensing or renovation headaches… while allowing you to qualify to the Golden Visa assuming this is the reason you are looking to purchase a turn-key project.
All-in-all a perfect location to live in or for a savvy investor to invest in and rent out on a long-term rental basis.
- Country: Portugal, Portuguese Republic
- City / Town: Lisbon
- Property ID AVN011
- Price 350,000€
- Property Type Apartment, Golden visa 350,000, Renovation projects
- Property status For Sale
- Bedrooms 2
- Bathrooms 2
- Size 75 m2
- Label Available