Garden Building, Areeiro

Concrete building, 1,520 sqm (gross construction area), eight apartments and four shops, in Areeiro, Lisbon. Building in excellent condition. It has an elevator and there is private parking in the back patio. All apartments have a private balcony. It is leased with residential and commercial contracts under the NRAU (New Urban Lease Regime), an old housing contract and a commercial one. Only one of the apartments is vacant and undergoing renovation works to be leased in the future. The total annual rent is €91,572, which can be significantly increased as current lease agreements are updated.Within a 2-minute walking distance from the Areeiro underground station and 5 minutes from Avenida XXI and 8 minutes from Roma-Areeiro train station. Within a 7-minute driving distance from Calouste Gulbenkian Foundation Garden, Praça Espanha, with access to the main roads of the city, such as A5, Eixo Norte Sul, 2ª Circular, 25 de Abril Bridge. Within 10 minutes from University Campus, Santa Maria Hospital and Humberto Delgado Airport.