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Description
This property requires renovation, offering a chance to refurbish it and increase its market value. However, it’s important to note that the apartment has an elderly tenant with a lifetime lease, paying a monthly rent of 200 euros. This lease makes the property less suitable for those looking to use it as a primary residence, but it may be attractive to investors seeking long-term returns, with the possibility of value appreciation after renovation.
Although the lifetime lease limits immediate residential use, this property is a good option for those looking to diversify their investment portfolio and are willing to wait for future returns. If you’re seeking an opportunity with an affordable price and potential for appreciation, schedule a visit to explore the possibilities of this investment in Cascais.
#ref: 125156
Property Info
- Property Type Apartment
- Sale or Rent For Sale
- Price € 219,000
- Year Built -
- District Lisbon
- Municipality Cascais
- Bedrooms 2
- Bathrooms 1
- Loft No
- Garage No
- Plot Area -
- Habitable Area 90 m2
- Energy Rating C