Santa Maria Maior, Lisbon

Located at Rua Palmira, 13, in the heart of Lisbon, this 6-bedroom apartment offers a unique opportunity for investors seeking to maximize their return on investment. With a generous total area, the property currently features 6 bedrooms and 3 bathrooms, with the potential to be transformed into up to 11 bedrooms after renovation. Property Highlights:oSolid Structure: Historic building with a classic Portuguese faade, in good condition. Although it lacks an elevator, the apartment is situated on the first floor, accessible by just one flight of stairs.oUpdated Infrastructure: Electrical and plumbing works have already been completed, facilitating future renovations. Area Details:Located in the Arroios parish, one of Lisbons most dynamic and multicultural areas, the apartment benefits from a strategic location:oProximity to Public Transport: The Anjos metro station (Green Line) is within walking distance, providing easy access to various parts of the city. Additionally, multiple Carris bus routes serve the area, ensuring excellent urban mobility.oLocal Amenities: A Lidl supermarket is located nearby, making daily shopping convenient for future tenants.oVibrant Environment: The area is known for its multicultural atmosphere, with a variety of restaurants, cafes, and cultural spaces, making it appealing to both students and professionals. Rental Potential:With a projected gross annual return of over 8% on the total investment, this property stands out as an attractive opportunity in Lisbon's real estate market. Note: The Arroios area is highly sought after for rentals, particularly among students and young professionals, thanks to its central location and vibrant urban lifestyle. Contact us for more information or to schedule a visit.