Property for sale in Lapa - 41639794 - Advertised on propertyO by Property People London & Lisbon Ltd
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Apartment for sale

£345,775

Lisbon, Lisbon City, Lapa, Portugal Property ID: 41639794


Property description

This development is eligible for the Golden Visa 350 program.



Lapa 61 is set to be completed by January 2021.



This small development consists of 4 floors and offers both 1 bedroom and 2 bedroom apartments. All units enjoy fitted kitchens with all new appliances.



Minimalism and simplicity in the heart of the Lapa district.



Investors can take advantage of a 4% guaranteed yield for a duration of 5 years. Furthermore, this location falls just outside the contention zone for short term rentals so investors can benefit from the short, mid and long term rental markets.



As the ' Red Zones' for short term renting continue to spread throughout the city , It's likely that this part of Lapa will soon be disqualified for short term rental licenses.



Lapa is an historically wealthy and noble district of Lisbon and has the highest income per capita in the whole of Lisbon



Whilst being one of Lisbon city's smallest districts it makes up for its size in pure charm. Cobbled streets hide independent cafes, restaurants and fashion outlets. Breath-taking architecture and history is waiting around every corner



Lapa trickles down from one of Lisbon's 7 hills to meet the banks of the river Tagus (Tejo) in fact it crowns one of the city's highest hills, and the views are predictably impressive. Although it is a calm and pacific area, it is still close to the city's bustle. There are many sights to be enjoyed in Lapa, such as the prominent Basilica da Estrela and its neighbouring gardens.



This area is also known as the 'Embassy Quarter' as it hosts many Embassies and Consulates from foreign countries. You'll see flags from windows marking the Embassies of Austria, Switzerland, Luxembourg, Finland, and The Netherlands to name a few.



Do not hesitate to contact us for more information on this exclusive development.



With it's eligibility for the Golden Visa 350 program, Lapa 61 will not remain available for long!



PW1520



* Beds: 2

* Baths: 2

* District: Lapa

* Type: Apartment, Buildings, Golden Visa 350,000, New Developments

* Property ID #: PW1520

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