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Property description
Excellent Investment Opportunity in the Heart of Lisbon!We present a unique building located at the charming Rua da Escola do Exército, No. 36, in Arroios, one of the most dynamic and sought-after areas of the capital. This fully owned building has four floors, distributed between the ground floor and the third floor (attic), totaling a gross private area of 680 m² and a total land areaExcellent Investment Opportunity in the Heart of Lisbon!We present a unique building located at the charming Rua da Escola do Exército, No. 36, in Arroios, one of the most dynamic and sought-after areas of the capital. This fully owned building has four floors, distributed between the ground floor and the third floor (attic), totaling a gross private area of 680 m² and a total land area of 190 m².Highlights of this property:- Panoramic view: From the second floor, the apartments offer stunning views of the city of Lisbon. On the third floor (attic), there is also a terrace with incredible panoramic views, a perfect space for leisure and property appreciation.
- Natural light: All units are extremely bright, benefiting from a large number of windows throughout the building, creating an airy and pleasant environment.- Ground Floor with Patio: Both ground floor units have private patios, ideal for creating outdoor spaces or exclusive gardens.- Storage Room: The building also has a storage area, providing greater functionality and logistical support for the units.Unit Layout:- Ground Floor (Right and Left): Each unit has 90 m², 6 rooms, and exclusive access to a patio.- First Floor (Right): Unit with 90 m² and 6 rooms.- First Floor (Left): Unit with 100 m² and 7 rooms.- Second Floor (Right): Unit with 90 m² and 6 rooms.- Second Floor (Left): Unit with 100 m² and 7 rooms. - 3rd Floor (Águas Attic): 120 m² unit, 8 rooms, and a terrace with panoramic views.With an excellent floor plan and generously sized rooms, this property offers enormous potential for forward-thinking investors!In need of renovation, this building is ideal for:- Sale of units after modernization;- Conversion into rooms for rent, taking advantage of the high demand in the area.Urban Rehabilitation Benefits (ARU):This property is located in an Urban Rehabilitation Area (ARU), which allows it to benefit from several tax incentives and financial support:- IMT exemption on the first transfer after renovation (for permanent residence).- IMI exemption for 3 to 5 years, renewable upon approval.- VAT reduced to 6% on renovation works.- Reduction in capital gains taxation if the value is reinvested. - Personal income tax deductions for certified renovation expenses.- IFRRU 2020: Low-interest financing for renovation projects.- Renovate to Rent: Advantageous financing for affordable rentals.Points of interest and location advantages:- Public transportation: Just a few minutes’ walk from the Arroios, Intendente, and Anjos metro stations (5 to 8 minutes on foot), as well as a wide range of buses, facilitating mobility throughout the city.- Hospitals and medical institutions:- D. Estefânia Hospital: 5 minutes on foot.- Capuchos Hospital: 10 minutes on foot or 3 minutes by car.- Campo Mártires da Pátria and Nova Medical School: 5 minutes on foot or 2 minutes by car.- Education and institutions:- Military Academy: 8 minutes on foot. - Instituto Superior Técnico: 10 minutes by car.- Culture and leisure: Just steps from the vibrant Graça neighborhood, Miradouro da Senhora do Monte (15-minute walk), and other iconic Lisbon attractions.- Commerce and services: Close to supermarkets, pharmacies, restaurants, and traditional cafes, and just a 7-minute walk from the Arroios Market.With its typical facade and strategic location, this building has everything it needs to become a highly profitable investment. Arroios is a parish undergoing rapid transformation, known for its multicultural atmosphere, with a unique blend of modernity and tradition.Take advantage of this opportunity to make a secure investment in Lisbon!Contact us and schedule your visit to discover the full potential of this property.We share with all real estate agencies and agents (with AMI) on a 50/50 basis.
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