9-suite Guesthouse w/Rooftop Terrace

Key Information

Price:
€1,850,000
Reference:
PP4002
Type:
Commercial
Location:
Lisbon, Lisbon & Lisbon Coast
Region:
Lisbon & Lisbon Coast
Country:
Portugal (PT)
Bedrooms:
9
Bathrooms:
n/a
Living Area:
240m2

Description

This is a guesthouse that was created by joining two big apartments and now occupies the entire third floor (with a total area of 240m2), of a building with elevator and just at 2-3 minutes walk from the Avenida da Liverdade.

The entire third floor and terrace are currently functioning as a 9-room Guesthouse, with Alojamento local licence. Each of the 9 rooms is suitable for 2 guests, and has a private bathroom with shower unit, air-conditioning, TV.

Yield:

- Revenue last 12 months: 204.000€
- Management cost: 18% of net booking value - Water, electricity, Internet: 15.500€ p.a.
- Estimated Yield: 7.5-8%

Ref: PP4002

Property Features


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