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Property in Lisbon for sale Avenida da Liberdade

Avenida Liberdade on Rua do Salitre 3-bedroom apartment  with 145,00 m2 for renovation  for    530.000 € 

 

I am referring to a 3-bedroom 2-bathroom character apartment for renovation with 145,00 m2 on Rua do Salitre, no more than 50 m from Avenida da Liberdade, by the Spanish Consulate and Tivoli Forum Shopping.

It’s a fantastic location and even better investment opportunity. Today, you cannot find any decently renovated apartment on Rua do Salitre for less than 8.000 € per m2 and properties on Avenida da Liberdade are trading between 10.000 € and 15.000 € per m2!

Property for sale just off the Avenida da Liberdade in Lisbon are rare, especially for this price and for renovation so you may add value.

You would spend roughly 100.000 € to completely renovate this apartment to a very high standard, ending up with a total outlay of just 630.000 € or 4.344 € per m2… which is why I hope you can see the potential…
 
If you choose to rent out the apartment, you will rake in a healthy 10,95% gross rental income of 65.700 € per annum if you prefer.
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Property Features

  • Capital growth
  • For Renovation
  • High yields
  • Low price
  • Prime Location