1 Bedroom Apartment for Sale in Rua das Olarias, Lisbon
This excellent opportunity is perfect for those who want to invest and make a good return, as well as to live in an area in constant appreciation in the center of Lisbon.
Due to its proximity to the metro/bus, road access, shops, services, hospitals, universities and clinics, there is always a great demand for tourists in this area.
For those who want to invest in this apartment, having an expected yield of 5% to 6% is not a dream but a reality in a street with a strong potential for appreciation with new developments springing up nearby, as well as the visible investment in the rehabilitation of the building stock that is taking place.
For those who want to enjoy the experience of living in an eclectic and vibrant area of Lisbon, this is an excellent opportunity, where you can enjoy the local markets, as well as cultural monuments such as the Convento da Graça, the Castelo de São Jorge, Praça do Martim Moniz and the iconic Baixa-Chiado area.
The building was completely renovated in 2015 and has an organized condominium. The apartment is located on the ground floor with an independent entrance to the main street, making it a great choice for those looking for a space without architectural barriers.
It has an equipped kitchen, a bathroom with a shower and air conditioning, but it needs some work which could cost €5,000 to renovate.
If you opt for a complete refurbishment, as shown in the 3D images, you can expect an increase in value of around 20% of its current value, placing it at a sale price of €300,000.
Don't miss out on this unique opportunity and come and see this apartment in the heart of Lisbon.
