Investment Property / Mouraria Lisboa

EUR 117,000

Lisbon, 8 Largo das Olarias

Investment property • 1 Bed. • 1 Bath. • 38 m²

INVESTMENT PROPERTY

Tenant-free (vacant) buildings located in Santa Maria Maior parish in the heart of the typical Mouraria district one of the most touristic in Lisboa

3 minutes walking distance to Martim Moniz transportation hub. Subway - Trams - Buses.

7 min walking distance to the Baixa de Lisboa area and 10 min to the river

Within 200mts many different shops, restaurants, cafés 

Address: Largo das Olarias Nº 8 1100-376 Libsoa

Date of construction: 1930

Total construction area: 38m2

Total living area: 38m2

Residential building composed of 1 apartment on 2 floors

Ground floor & 1st floor: 1 bedroom (38m2) full restoration required

Fully restored this building will return a rent of +/- €750/month in the traditional rental market or €1.100/month in the short term rental market

Restoration does not require municipal permits. 

However due to the historic location if the restoration is done with municipal permits & municipal monitoring several tax benefits apply including exemption of property tax during 5 years, 5% capital gains tax, lowered rent income tax 

SALE PRICE: €130.000

Note: If sold in conjunction with adjacent building (address Largo das Olarias Nº 6 – 7 1100-376) sale price is lowered to €110.000

Spaces

Bedrooms1
Bathrooms1

Surfaces

Living38 m²

8 Largo das Olarias

Lisbon

TypeBuilding
Construction year1930
Energy efficiency rating
E