Office for sale in Street Name Upon Request, Misericórdia, Pt

£9,744,464 (€11,500,000 (€534.19/sq. ft) )
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Office for sale

22 2,000 sq. m*

Property description

Residential building is located at Rua das Gaivotas 18 and 20, in a very noble area of the city of Lisbon, in Misericórdia, next to Cais do Sodre and Mercado da Ribeira.The building is currently composed of 16 autonomous fractions, exclusively residential, with typology T2 and areas from 95m2 to 185m2. Total Gross Construction Area/Floor Area of 2,027.05 m2, all above ground.

The building has 2 blocks with 2 elevators and 2 independent entrances.

Description of the floors:

Floor 0, consisting of:
- Two Entrance Halls, with access from the main street respectively, two vertical access cores, each consisting of a staircase and an elevator, two garbage compartments, two spaces for the Technical Areas, four Fractions, one with T2 Duplex typology and three with T2 typology and four Backyards for the exclusive use of said Fractions.

Floor 1, consisting of:
- five Fractions, one with a T2 Duplex, a backyard for the exclusive use of this Fraction and four Fractions with a T2 typology.

Floor 2, consisting of:
- four fractions with typology T2.

Floor 3, consisting of:
- three fractions with typology T2.

This property is about 300 m from the National Congress Building and a few meters from Largo do Chiado, 500 m from the train and metro station and the Ribeira Market.This property is the result of the total renovation of a historic building with high quality, maintaining the traditional local architecture. Care was taken to maintain the main initial features of the same, such as the wooden floors, the worked stucco ceilings and the facades.

The apartments have a tourist license and are being rented on a short-term basis, with an annual occupancy rate of around 85%. Immediate possibility of selling apartments one by one. Feasibility for hotel/aparthotel (requires placement of the change of use project).

Features:
Exterior Features - Terrace/Deck;
Interior Features - Furnished; Suite Bathroom; Wardrobes; American Cuisine; Deck;
General Features - Refurbished;
Other Equipment - Central Heating; Dishwasher; Refrigerator; Microwave;
Other features - Balcony; Equipped kitchen; Suite; Lift; Air conditioning;

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Properstar, and do not constitute property particulars. Please contact Properstar for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.