Investment Opportunity in Penha de França - 1 Bedroom Apartment for Renovation

Lisboa, Lisboa, Penha de França
Zone: Penha de França (Penha de França)
252 000€

  • 1
  • Usable: 60m2
  • Floor: 60m2
  • C.E.: D
  • Year: 1950
  • Solar Orientation: West
  • Ref: 61907

Description

If you're looking for a promising real estate investment, you can't pass up this excellent opportunity in Penha de França, Lisbon. This one-bedroom apartment, in need of refurbishment, is an irresistible option for investors who want to maximize the return on their investment, whether for resale or rental.

Appreciation potential
This property has enormous potential for appreciation. Penha de França is known for its vibrant atmosphere and the quality of life it offers its residents. With the revitalization of several urban areas and the growing demand for real estate in the city, its strategic location is a plus for those who wish to see their investment grow over time.

The apartment, with a wonderful unobstructed view over part of the city, provides a bright and airy space, ideal for transforming into a cozy home or a very attractive rental property. The possibility of personalizing the space in line with current market trends makes this property even more captivating. The potential to create a modern and functional environment will not only meet the needs of a future tenant, but will also contribute to a significant increase in the property's value.

Strategic location
The location of this apartment is one of its greatest assets. Penha de França is a neighborhood that combines tradition and modernity, offering a variety of services and amenities that make everyday life easier for its residents. Just a stone's throw away are the Dona Luisa de Gusmão Secondary School and the Nuno Gonçalves School Group (AENG), pharmacies, supermarkets and a wide range of local shops, all within walking distance.

In addition, accessibility to public transport is a big plus. The metro station and bus stops are easily available, allowing a quick connection to other areas of the city and facilitating mobility for those working or studying in central Lisbon. This factor is particularly important for potential tenants, who value ease of movement in their daily lives.

Opportunity
For investors, this one-bedroom apartment in Penha de França represents a unique business opportunity. Demand for properties in the region has been growing steadily, both for buying and renting. The possibility of acquiring a property to renovate, allowing for personalization and the creation of a space that meets the needs of today's market, is a smart strategy for any investor.

An apartment in this location, after a well-planned refurbishment, can easily be rented out to a public looking for quality of life, accessibility and an active community. Rents in Penha de França tend to be competitive, which can result in a very interesting financial return for any investor.

What's more, investing in a refurbishment translates into a significant increase in the property's market value over the next few years. This means that the investor can also expect a substantial return in the event of a future sale.

Conclusion
This is an unmissable opportunity for investors looking for properties with great potential for appreciation and profitability. With a privileged location and wonderful views of the city, this property promises not only to meet the expectations of its future residents, but also to guarantee a safe and profitable investment.

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Attributes

  • City View
  • Elevator
  • Washing machine
  • Living Room
  • Semi-equipped Kitchen
  • Piped Gas
  • Vista Desafogada
  • Quiet Place
  • Easy Access Transit
  • Pantry
  • Good Solar Exposure

Divisions

Floor name: House Floor 0

Division Area Note
WC