Real Estate in Turkey - Reha Medin Global

EDI_2189 Lisboa Portugal

Real Estate in Istanbul Turkey - Reha Medin Global

Net Area: 140
Price: €500000
Country: Portugal
District: Lisboa
Town: Lisboa
Neighborhood: Santa Maria Maior
Zone: Mouraria (Madalena)

Building for short rental located between Largo Chão do Loureiro (Rua da Madalena) and Largo da Rosa, in a very typical location in Mouraria, Lisbon. Although the building has a reduced depth, it presents an interesting front, allowing the existence of 5 apartments that can be directed to the short renting. The building has about 150 sqm and is divided into ground floor + 3 floors + attic, the exterior facade is in a good state of conservation and the interior has gone through some construction works (in particular, the water network) but still needs some improvements.

The asking price is 500.000 €.

In terms of profitability, and with a somewhat conservative model, yields greater than 15% can be reached.

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