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House for Sale (Investment Opportunity) (Lisbon)

Dear All,

My girlfriend is currently selling a large house in the Graça area of Lisbon, and I'd like to publish the details here in case any of you are interested, or know anybody else who is.

This is an individual 3-storey house comprising a ground-floor with a 45m2 area destined for commercial use ('loja'), and 2 upper floors, each with an area of 90m2 and 3 bedrooms.

The 1st floor has access to a 10m2 patio area, and the 2nd floor has access to a 90m2 garden which currently includes a covered outhouse.

The house is in need of renovation, but we believe this is an excellent investment opportunity because it has a 'propriedade horizontal' licence, which means that it could be renovated and then each of the individual floors sold seperately as apartments.

The house is located in Rua Washington, Graça, Lisbon and is on sale for 250,000 euros.

I'm afraid I can't direct you to any website for more information (yet), but please feel free to leave me a message should you need more details.

Thanks, Roger Warwick.

Lisbon Forum