Condition: Under construction
Location: Bica, Lisbon
Tamea International is proud to present a very large one-bedroom apartment at this new development in Bica. At 76m2 this is the largest one-bedroom property in the building and has a further 12.5m2 of terrace area. The developers are offering a rental guarantee of 4% per year for two years so this would make an excellent investment property in Lisbon.
A lovely boutique development with just nine apartments, this opportunity is located a popular residential and touristic area just a few metres from the historic Ascensor da Bica, Lisbon’s oldest funicular. The funicular has been running since 1892 and is considered a National Monument – it carries passengers up and down a hill which is lined with shops and restaurants. The building itself has just five floors with a mixture of 1 and 2-bedroom apartments. Buyers can allow the developer to manage the rental of the property in return for a fixed yield of 4% per year and two weeks personal use.