Description
3-storey building for sale in Arroios, which is in good condition and includes an attic that can be used.
This is a good opportunity for those looking to invest in buildings, because it already has a yield.
The ground floor, with 5 bedrooms, currently functions as a residence for students and generates an annual income of about 30 thousand euros.
The first and second floors are being used for housing, however they can easily generate 10 more bedrooms for students. Alternatively, the whole building also has a good potential to be transformed into a hostel.
Well located in Arroios, this building is close to transport and all kind of shops and restaurants. It is also an 8-minute walk from Saldanha or Instituto Superior Tecnico.
The dynamic neighbourhood of Arroios, which has been rehabilitated and modernized in recent years, houses about 92 different nationalities, and is a neighbourhood with buildings full of history, but also pleasant leisure areas such as gardens, squares and markets.
Energy Rating: D
