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Building for sale in Misericordia, Portugal

2 250 000€

Misericórdia

Features

  • Exclusive mandate
  • good structural condition
  • 140 m² of land (1507 sqFt)
  • No overlooking neighbours
  • N/C

Property description

This early 20th century building located near the renowned Praça das Flores in Misericórdia presents a unique investment opportunity. In need of some updating, this mixed-use property consists of 12 fractions, with one being used for commerce and the remaining for housing. Additionally, the building has 4 lifetime tenants, adding to its appeal. Príncipe Real, known for its vibrancy and cosmopolitan character, is one of Lisbon's most prestigious neighborhoods. With an array of shops, services, charming restaurants, and lively bars, this area offers a blend of modernity and tradition. The historic architecture and elegant buildings create a unique atmosphere that attracts both locals and visitors alike. Priced at 2,250,000, this property offers the potential for a significant return on investment given its prime location and the opportunities for updates and improvements. The demand for real estate in Príncipe Real coupled with the building's charming character make it a compelling option for those looking to make a savvy investment in Lisbon's thriving real estate market.

Location

Misericórdia

Date added: 17.09.2024

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