Description
Building with 3 floors, returns your investment in 10 years! possible monthly yield of 4 thousand euros! 5 minutes drive from Costa beach! YIELD of 10% per year!
This fantastic building is located in Funchalinho in an area close to all types of commerce, services and transport. Thus, it has supermarkets such as Pingo Doce, cafes, restaurants, green spaces, schools, NOVA University of science and technology, and buses right outside the door. Parking at the door. 18 minutes from the center of Lisbon, great road access.
The building itself consists of the ground floor, which has 2 warehouse spaces with a total area of 250sqm and a bathroom. Each part of the warehouse can be rented for 1000 euros.
The 1st floor is in excellent condition and measures 200sqm. It consists of a huge living room measuring 60sqm, large terrace to the front and back, balconies, kitchen, 3 bedrooms, 2 of which are suites with private bathrooms, plus a bathroom with bathtub. supporting the living room. It has 3 bathrooms in total and one of the bedrooms has a fireplace. It has wardrobes. You can rent it as a whole or by the rooms, by renting by the rooms you can get a return of around 1300 euros, or more if you divide the living room and transform it into another bedroom (with window), as it is 60sqm.
On the 2nd floor there is an area of 200sqm and has a T1 with 36sqm plus terraces and balconies where you will find a barbecue. The apartment consists of a living room/kitchennette, 1 bedroom with fireplace, and 1 bathroom. The floors have a fountain on the terrace. You can find more information in the plan. This apartment rents for 700 euros/month. Unobstructed view of the first and second floor.
So, in total, you can achieve a monthly income of 4000 euros, repaying your initial investment in 10 years (or less, given the inflation and constant rise in rental prices that we have seen).
Excellent business for those looking to invest to receive a return. Great alternative when compared to the little you receive for having the money in the bank.
Building only for immediate payment.
Come and discover your future investment! Book your visit!
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