360 000 €

Apartment T2 in Penha de França, Lisboa

Lisboa, Lisboa
75 m²
2 Bedrooms
2 WC
Energy efficiency
Energy efficiency

Apartment T2 for sale

EN: Two-bedroom investment apartment | Potential capital gains tax exemption through reinvestment Opportunity | Architect-renovated two-bedroom apartment | Full of character Two-bedroom apartment in Penha de França, offered for sale at €360,000, currently let for €1,250 per month, providing a gross annual rental yield of over 4%. An option for buyers seeking to reinvest the proceeds from a property sale in residential property for letting at a moderate rent, with the potential to qualify for exemption from Portuguese personal income tax (IRS) on capital gains, subject to verification of the applicable legal requirements and the existing tenancy agreement. Renovated by an architect, the apartment comprises an open-plan living room and equipped kitchen, two bedrooms, one with a balcony, and two bathrooms. Original wooden flooring and hydraulic cement kitchen tiles are complemented by an Estremoz marble worktop, PVC window frames and fitted wardrobes. Located in Bairro dos Actores, close to Praça Paiva Couceiro, with a wide range of shops and services, good road connections and public transport nearby, including Arroios metro station. Current tenancy: The property is let under a five-year tenancy agreement running until 2030, which began in October 2025 at €1,250 per month. The rent may be adjusted annually in accordance with Portuguese law. Sold with the tenancy agreement in place. Contact us for further information. Key features: • Excellent natural light • Comfortable living room • Modern kitchen, open-plan to the living room, equipped with a water heater, cooker, hob, extractor hood, dishwasher and fridge (washing machine not included) • Estremoz marble worktop • Original hydraulic cement kitchen floor tiles • Two bedrooms • Two bathrooms: one with a shower and one guest WC • Balcony off one bedroom • Quality finishes: new PVC window frames, electric shutters (except in the kitchen), white lacquered doors, fitted wardrobes, high ceilings and original wooden parquet flooring typical of the 1950s ;ID RE/MAX: 125501009-553

Details

Construction Year1958
Gross Area m²78
ElevatorNo
Private Gross Area m²75
Living Area m²69
GarageNo
Total Lot Size m²- -
Price m²4 800 €
Floor2nd floor

Location

listing-map-picture

Rooms

Kitchen- -
Bedroom- -
Bedroom- -

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Origin Listing reference:id. 125501009-553
Publishing date:
Last Update: