Dear friends,
You might have heard many rumors about a real estate "bubble" in Portugal and I say, it is all a matter of little supply and huge demand that drive prices up, both for sales and rents. Simple.
However- you still can find apartments starting at 150K euro in Lisbon and surroundings, with a relative high rent.
For example:
Studio converted into a 1bedroom in Arroios
Asking price: 149,500 euro ( negotiable)
Estimated rent: 700-725 p/m
Cash purchase only!
https://www.remax.pt/imoveis/venda-apartamento-t1-lisboa-lisboa/123751057-350/yrc-wxedIBi6UBWeP43N0CQvYsIxL12y
OR
Beautifully remodeled one bedroom in Lisbon
close to hospital and university
Asking price: 262K euro (negotiable)
Rent: 1100 p/m
For cash purchase or with loan pre-approval.
https://www.remax.pt/imoveis/venda-apartamento-t1-lisboa-lisboa/121511424-61/yrc-wxedIBit0ykQwE_7n_lv3cAeJDVK
Or
4 unit building close to the Parliament,
very central location in Lisbon
3 apartments and a store, all rented
Asking price: 649,000 (negotiable, motivated seller)
Up to 7% ROI + appreciation
https://www.remax.pt/imoveis/venda-predio-t0-lisboa-misericordia/123751037-163
Or:
Hostel 5 bedrooms in Ericeira, surf capital of Portugal
30 min north of Lisbon, with option to grow the revenue.
Value: 850,000-900,000 euro max, including updates
Potential annual rent: 108,000 euro minimum
Which makes it 12% ROI!
https://www.remax.pt/imoveis/venda-apartamento-t1-lisboa-lisboa/121511424-61/yrc-wxedIBit0ykQwE_7n_lv3cAeJDVK
If these opportunities, or anything in between, appeal to you, let's talk!
Naomi.
Whatsapp: +31 6 2858 1459
