Located in the heart of Alvalade, one of Lisbon's most prestigious and sought-after neighborhoods, this 2-bedroom apartment with a gross area of 93.5 m² is an excellent opportunity for long-term investors.
The property is currently leased under a lifetime rental agreement to an 80-year-old tenant, generating an annual return of under 2%. This ensures stable occupancy while offering significant appreciation potential in the future, given the property's prime location and strong renovation prospects.
Set in a peaceful residential area with quick access to everything Lisbon has to offer — public transport, schools, local shops, supermarkets, pharmacies, green spaces — the apartment is surrounded by over 75 points of interest.
With some future investment in refurbishment, this apartment can become a valuable asset in any real estate portfolio.
Key Features:
Type: 2-Bedroom Apartment
Gross Area: 93.5 m²
Condition: In need of renovation
Lifetime lease in place (tenant is 80 years old)
Energy Certificate: Class E
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