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€ 1,750,000

Luxury apartment complex for sale in Benfica, Lisbon

€ 1,750,000
2,670 m²

Description

Building for Rehabilitation for Sale in Benfica, Lisbon

(No images of the building are provided for confidentiality reasons; please contact us for more details.)

- Total residential area: 1,428 sqm
- Total Commercial Area: 43 sqm
- Total Parking Area: 1.200 sqm

- Total construction area: 2,670 sqm
- Total land area: 1,136 sqm
- Total number of Floors: 8

Highlights for Investors, based on asking price:

- Selling Price per sqm (Residential Area): 1,700 €/sqm
- Average selling price in the area (new apartments): €4,000 to €4,500/sqm
- Earning Potential: 1,300 €/sqm (around 40% return on investment), considering a construction cost of 1,500 €/sqm.

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Additional Information

- Areas and 3D images presented in this ad are based on a preliminary study developed by an architect.
- There is no PIP or approved project.
- Buildings will be sold vacant.

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Premium location
Located in a central area of Benfica, these buildings benefit from proximity to services, public transport, commerce and consolidated infrastructure, offering an excellent opportunity for rehabilitation and real estate development.


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Any doubt, just call us.

NOTE: We make partnership and sharing with all professional real estate agents.

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ABOUT LT REAL ESTATE

At LT Real Estate, we prioritize DISCRETION, commit to operating with EXCELLENCE, and bestow DISTINCTION.

Founded by Marisa Guedes and Bruno Queiros, LT Real Estate was established with the intention of solidifying itself as a benchmark of excellence in the highly selective Premium/Luxury Residential Market and in the sophisticated realm of Investments.

Exclusivity, promptness, and meticulousness in service are the most significant pillars that underpin the essence of our brand.

At LT, our dedication is directed with care towards each client, focusing on the sublime goal of establishing lasting relationships and ensuring maximum satisfaction for our clients.

'The true essence of luxury is revealed in every meticulous detail. Luxury is not a privilege; it is a business strategy.'

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Energy Rating: A

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Details

External size:
1,136 m²
Size:
2,670 m²
Address:
Benfica
Energy Rating:
A
Reference:
EDI_1737

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Position