- ID: #3663
- Price: 450,000 €
- Type: Apartment
- Location: Chiado
- Bathrooms: 2
- Bedrooms: 2
located on the 2nd levelof a character building in Chiado and is just over 91,00 m2 in size (living area)
Like all the other apartments in the building this one too is currently being used as an office, which the seller will convert into a stunning a 2-bedroom 2-bathroom apartment. The other apartments are now residential too ☺The end-product (renovated apartment) can look exactly like the apartment shown in this listing… or not… as at this early stage, you can still decide what finishing’s you would like… and even the layout of the apartment.
The icing on the cake, is that seller sold the 3rd level apartment to a Golden Visa applicant, applying for the under the new 350.000 € threshold rules, by breaking the property down into the shell (un-renovated apartment) + renovation (separate licensing and building contract), so that it fulfilled the requisites for the 350K Golden Visa program. This means that you can have the best of both worlds, i.e. “renovate” your property to spec in the most PRIME location in Lisbon and not have to worry about the licensing or the renovation works… plus you will be eligible for the Golden Visa… assuming that, this it the motivation.
The building was completely renovated about 15 years ago and a concrete structure replaced the previous Pombalino structure, with only the facades remaining as a tribute to the beautiful historical origins of the building. An elevator, which actually opens directly into the apartment (New York style) was also added during the renovation. The “renovation” (painting and maintenance) of the facades and common areas of the building have already been agreed upon by all the owners (and are funds available), so the works will commence in accordance (simultaneously) with the adjacent building (currently under renovation). In the meantime, the City Council has added 2 underground public parking facilities by the apartment where you can lease a parking space or pay-as-you-go. However, parking spaces can also be rented in the private parking silo next door or you can simply park on the street (free of charge for residents).