Location: Jardim Dom Luis, Lisbon
An off-plan 1-bedroom apartment located close to the river. It would make an ideal city holiday home or could be put into a rental pool generating a fixed yield of 4% per year for 5 years.
Built to house Portugal’s Post Office HQ in the 1950s, this is a true Lisbon landmark which is being lovingly restored to create 104 new residential apartments, a courtyard café and a rooftop bar with river views. The project is located in an area of regeneration where new restaurants, bars and hotels pop up regularly and is close to Cais do Sodré train station which connects the city centre to miles of beaches and the affluent suburb of Cascais. Purchasers are given the opportunity to enter a rental agreement with the developer which guarantees a 4% yield per year and allows two weeks personal use.