Description
Remodeled and equipped building for income, with estimated billing of €150,000 per year. Comprising eleven fractions, with 743 square meters of gross private area, plus 33 square meters of backyard, distributed over five floors, four above ground, in Alto de São João, Penha de França parish. Seven apartments and the shops are vacant, only two apartments are rented. Building without an elevator, with a minimum estimated profitability of around 5%. It is located in a very quiet residential area, close to commerce, transportation, and services. Sotheby's International Realty has over 300 years of history as a reputable company responsible for transacting luxury goods. It has been present in Portugal since 2007 with ten offices and over 300 highly qualified professionals available to satisfy you. Its mission is "The art of uniting extraordinary homes with extraordinary lives." Do not hesitate to contact us if this opportunity is of interest to you!
