SOLD. An excellent building situated in the popular area of Santos-o-Velho, Lisbon. This sought after location is known for its investment rentals, touristic attractions and is also close by to the Avenida Dom Carlos I where Lisbon’s iconic tram line runs through, as well as Chiado and Lapa. The building comprises of 28 apartments in total, a mixture of studios, one and two bedroom properties and areas vary between 35sqm and 74sqm. Each apartment has been designed for the elegance and the charisma of the building but with consideration for practical issues of today’s modern living.
Previously a former industrial and port near the Tagus River, the area has recently been requalified and restored. The Mercado da Ribeiro (market) is an example of combining the traditional construction with modern times. Santos-o-Velho is currently one of the new cosmopolitan and developing areas of Lisbon.
A huge attraction of this development is the guaranteed rental income of 4% for 5 years. For more details on this, please contact our consultants.
Investors buying property in Portugal at or above the €500,000 government limit will qualify for a family residency visa. Commonly referred to as a “golden visa” or investor residency visa. Please contact us for further details on available properties and programme rules.