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ID: 120511134-541 FOR SALE | 3,800,000€ | For investment, Residential Building

Building for INVESTORS – Rua Filipe Folque at Av. Novas

1436

This is a seven-floor building, in good condition, within the Avenidas Novas neighborhood in an excellent location: Rua Filipe Folque.

A great opportunity for investors, either with a rental outlook or with other development perspectives.

This property provides full ownership of this building with elevator which has a basement, ground floor, and 7 floors above the street level.   The building is composed of 16 independent units:  2 shops at street level, 13 apartments, and the porter’s residence.

All of the units, except one, are currently rented, and the aging of the rental contracts is mixed.  Several of the apartments, the ones with more recent contracts, have been renovated over the past few years

The building consists of :

  • 2 street shops (both are currently rented): One with 290 m2 + 315 m2 of storage in the basement; the other with 20 m2 with 39m2 storage + 6 m2 in the basement.
  • 12 Apartments with 86 m2/each; Two of these units, have private terraces with 72 m2.
  • 1 apartment with 67 m2 and the porter’s residence with 22 m2.

 

Total construction area – 1.436 m2

Area of the building’s footprint – 352 m2

Plot Area – 371 m2

 

For more information or details please contact me!

Features

  • Building with Elevator
  • City Center
  • Currently Has Tenant
  • Energy Class C
  • Garage
  • Old Construction
  • Refurbished
  • Terrace
Property on Map

    Get in touch

    For more information

    +351 962 014 769

    [email protected]





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