Príncipe Real Residence building is being modernized into 22 upscale residential units. The apartments vary between 40 and 125sqm, with studios, one-bedroom, and two-bedroom units. All apartments include air-conditioning, double glass, fully equipped kitchens and may come fully furnished. Most of the units will have fantastic views.
The apartments have the possibility to come with a fixed return.
The management company may be responsible for all the expenses including maintenance, condominium, water, and electricity.
Not only is Lisbon Portugal’s largest and most wealthy city, but it also has the unique distinction of being Europe’s furthest western capital city. With a population of over 2.8 million in Lisbon and the surrounding area, it certainly qualifies as a large city on any scale.
Unlike some of the other cities in Portugal, it is not tourism that drives Lisbon’s economy. Lisbon is a global forerunner in the technology sector as well as a strong leader in mass multimedia, and is also Portugal’s financial district. With all of these healthy industries it is no wonder that Lisbon produces more than 45% of the Gross Domestic Product for all of Portugal. In addition, the per capita GDP is higher in Lisbon than compared to the average per capita GDP for the rest of Europe. These economic factors make Lisbon a very attractive place to live and purchase property.
Want to know more about this property?
Speak to anyone in our team and we will be happy to help. Send your enquiry through now.