Description
Unique opportunity for investors or families who want to customise their space!
Located on Rua de Andaluz- Arroios, next to Avenida Duque de Loule, this 4-storey building in Arroios offers great potential. The ground floor has a shop for commerce, including an old restaurant already equipped, while the three upper floors offer 3 rooms each. With easy access to commerce, services, and just minutes from the Metro in Marques de Pombal and Saldanha, this property is perfect for both residential use and investment. Possibility of visit available!
Why Investing in this Building is Important:
Investing in this building on Rua de Andaluz, in Arroios, Lisbon, is a strategic decision with potential for appreciation for several reasons:
Prime Location: Located in Arroios, one of the most dynamic and valued neighbourhoods in Lisbon, the building is close to Av. Duque de Loule, Avenida da Liberdade and the central areas of Marques de Pombal and Saldanha. These are strategic points for transportation, access to commerce, businesses, and cultural attractions, which increases the demand for properties in this area.
Profitability Potential: This building can be transformed into a residential building, a combination of commerce and housing or a tourist accommodation. Versatility allows you to explore different profitability profiles, whether through commercial, residential or daily rentals.
Growing Demand for Renovated Real Estate: Arroios is an up-and-coming neighbourhood with great demand for housing and businesses, especially due to its proximity to the historic centre and easy access to public transport. Renovated buildings in this area often have a steep appreciation, making the investment attractive in both the short and long term.
Incentives for Urban Renewal: Lisbon has incentive policies for the renovation of properties in historic areas. These incentives can be advantageous in reducing recovery costs and increasing the profitability of the property.
Potential for Customization and Increased Value: With 4 floors, this building offers enough space for the investor to customise the divisions and create a project that can differentiate itself in the market. For example, the ground floor can be restored and modernised for commercial purposes while the upper floors can be adapted for luxury housing or even transformed into apartments.
Favorable Market Scenario: Lisbon continues to attract international and national investors, due to security, quality of life, and good returns in the real estate market. The building is in a consolidated neighbourhood, which offers stability and protection against market fluctuations.
These factors make this building an excellent investment opportunity with the ability to appreciate and flexibility for different income projects.
Surrounding Areas:
Arroios is a vibrant and central area of Lisbon, surrounded by shops, restaurants, cafes, and close to business centres. Just minutes from the main transport hubs and the emblematic Avenida da Liberdade, ensuring convenience and an excellent quality of life in the heart of Lisbon.
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Energy Rating: F
