Chiado Building With 4 Studios And High Income

Description

Building in Chiado with 4 Studios for Local Tourist Accommodation**

This three-floor building was completely reconstructed in 2012, creating four modern T0 apartments, each equipped with a kitchenette, bathroom, and air conditioning, ready for the tourist rental market.

The apartments are characterized as follows:

- **Floor 0:** Studio apartment (27 m2)

- **Floor 1:** Studio apartment (27 m2)

- **Floor 2:** Studio apartment with balconies (27 m2)

- **Floor 3:** Studio apartment with balconies (24 m2)

These elegant studios, including a television, feature large windows and are fully furnished.

This 'Alojamento Local' unit is fully operational, with a gross annual turnover of approximately €200,000. It offers an excellent return on investment and benefits from a simplified tax regime as it is classified as personal property rather than a company asset.

Located in the heart of the historic Bica neighbourhood, the building is surrounded by typical shops, restaurants, bars, markets, theatres, art galleries, churches, and museums.

It is just a 3-minute walk from Largo do Camões and the Chiado Metro and a 10-minute walk from Cais do Sodre and Praca do Comercio.

This premium location on Travessa da Laranjeira, in a rehabilitated building, ensures a secure investment opportunity.

If you want to see the latest off market deals in Lisbon get in touch for a consultation.

* Beds: 4
* Baths: 4
* m2: 159
* Price Per m2: 10,943.40€
* District: Chiado
* Type: Apartment, Building
* Property ID #: PL8734982373