Rua Maria Pia T1 

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Prazeresz, Lisbon

€80,000

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Property Details​​

  • Price: €80,000

  • Area: 22m2

  • T1

 

Extras

  • This is a very rare find!

  • The central part of Lisbon is quickly redeveloping and gentrifying.

Description

A ruined small apartment very much below market price.

After a visit in person, it was checked that it is one apartment and there is a tenant on top, available for sale in a central part of Lisbon which is quickly redeveloping and gentrifying. The area is right between three great neighborhoods, Alcantara, Estrela, and Campo de Ourique, it is just above one of the best parks in the city, the Tapada Nacional as well. The property requires full renovations at an estimated cost of 25,000. Monthly long-term rent in the area for similar properties can rent at 900/month. The property is right by two main train stations, many cafes and restaurants and a huge food market just a short walk away.

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