Office on 7th floor with elevator, 100 sqm (gross floor area), on Avenida da República, Lisbon. Large space, mainly open plan, with reception, two meeting rooms, kitchen with a pantry area and bathroom. Technical area for servers, structured network and air conditioning. Includes a wide 94 sqm terrace.Unoccupied property with potential for rental around €2,200/month (5% Yield). Possibility of converting the property’s use to residential, giving rise to a 2-bedroom apartment in a prime area of Lisbon.On Avenida da República, with a wide range of infrastructures, trade and shopping facilities. 1-minute walking distance from Entrecampos underground station and a 10-minute walking distance from Saldanha underground station. Within an 8-minute driving distance from Dona Estefânia Hospital, 10 minutes from Marquês de Pombal and 15 minutes from Humberto Delgado Lisbon Airport.
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.
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