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Property description
Premium Location:Rua do Cho da Feira, right next to the entrance of So Jorge Castle one of the most iconic and touristic areas of Lisbon.This renovated building represents a unique opportunity for investors looking for an asset with immediate profitability, high appreciation potential, and a prime location.General Property Features:- Renovated and operational building- Total units: 11 9 independent residential units 2 commercial units on the ground floor- Residential units are fully equipped and furnished- Each residential unit holds an active Local Accommodation (AL) license- AL licenses are included in the sale- Condition: Renovated property, currently in operationKey Investment Figures:- Total units: 11 9 Residential (AL) + 2 Commercial- Number of floors: 4 Ground Floor, 1st, 2nd, 3rd, and Attic with storage- Footprint area: 136 m- Gross Building Area: 587 m- Confirmed annual revenue for 2024: 292, 000 From both residential and commercial unit operations- Estimated monthly income per commercial unit: approx. 8, 000- AL Licenses: 9 active and transferable- Asset type: Property with proven profitability and high potential for appreciationPoints of Interest:- Located directly in front of the entrance to So Jorge Castle- Area with heavy tourist traffic, surrounded by restaurants, viewpoints, and historical landmarks- Excellent pedestrian accessibility and close to various cultural and commercial attractionsWe share this opportunity in the best interest of the property owner, with all real estate agencies and/or professionals holding a valid AMI license, under a 50%-50% commission split. At Keller Williams Portugal, we believe in sharing as a way to provide the best service to our clients. So if you are a professional in the sector and have a qualified buyer, get in touch with me!