We present a mixed-use building with great potential, located at Rua Carlos Reis, 36, in the Santos neighborhood, Avenidas Novas parish, Lisbon. This property, situated in an increasingly attractive area, offers an excellent opportunity for investors, with multiple possibilities for development and appreciation.
The building has two floors and an attic with potential for conversion. On the ground floor, there is a 56m² shop/restaurant with an additional 36m², totaling 92m² of commercial space currently in operation. On the first floor, there is a 72m² three-bedroom apartment (T3), which includes an exclusive 36m² terrace, ideal for outdoor leisure. On the second floor, there is a 72m² two-bedroom apartment (T2), converted into a T3.
Despite being a building from the 1980s, it is in excellent condition and offers several opportunities for appreciation. There is potential to convert the attic into a new floor, as neighboring buildings have three stories, which is a great advantage for investors looking to maximize their return on investment.
Additionally, it is located in an area where two developments with 200 apartments each and an office building for Fidelidade Insurance Company are under construction, demonstrating the growing attractiveness of the area. The location is further enhanced by its proximity to several higher education institutions, such as the University of Lisbon and Universidade Lusíada, attracting students and young professionals, which increases the demand for housing and services in the region.
The area offers all necessary amenities, including the Santos Market, CTT (Postal Services), supermarkets, and grocery stores, as well as a variety of restaurants and cafés. Close to Curry Cabral Hospital and the National Library of Portugal, this location is convenient for both residents and businesses, with excellent transport links and easy access to Avenida da República and Campo Pequeno, facilitating access to other parts of the city.
This building is perfect for investors or entrepreneurs looking for an expansion opportunity in a prime Lisbon location. Don't miss this unique opportunity! Contact us for more information or to schedule a visit.