1 bedroom apartment for sale in Lisbon, Portugal

• 68 m² surface area (732 sqFt)
• 1 bathroom
• 68 m² of land (732 sqFt)
• 1 bedroom

From a buyer's perspective, this property is located in a prime area of Lisbon, specifically in the Príncipe Real neighborhood. The apartment is rented out to an elderly lady, and the monthly rent is 210.95€. The condominium fee is included in the rent, which is 39.58€. This makes the property an attractive investment opportunity with a stable and consistent cash flow. The building is in excellent condition, as it has been recently renovated. The surrounding area has seen significant growth and development over the years, with various shops, restaurants, and bars opening up, offering modern and diverse options. The neighborhood of Príncipe Real is named after the firstborn son of D. Maria I and D. Fernando, who ascended the throne at the age of 16 after his mother's death. In the past, this area, known as Alto da Cotovia, was a neglected field. However, the construction of a reservoir connected to the Aqueduto das Águas Livres began in the mid-19th century, which revitalized the area. The property is surrounded by palaces of wealthy individuals, many of whom are from Brazil. These buildings give the neighborhood its unique charm and character. As authorized credit intermediaries by the Portuguese Bank with License Nº 0006930, we can handle the entire credit process, ensuring the best market solutions and providing quality follow-up until the deed is signed. In conclusion, this property is an excellent investment opportunity due to its prime location, stable cash flow, and potential for appreciation in the future. Additionally, the surrounding area offers a vibrant lifestyle with various amenities and attractions, making it an appealing choice for both investors and those looking to live in the area.