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Building for renovation 5 floors -..

Building for renovation 5 floors -..

Locație Europa › Portugalia Data publicării: 15.04.2015 la 11:04 Data expirării: 27.06.2031 la 12:58 Număr de vizualizări: 149 ID anunț 153456

Date tehnice

Destinație
Vânzare
Dormitoare
4
Etaj
3

Descriere

Building for reconstruction for 350.000 € (Lapa) This opportunity is a reconstruction project as opposed to a renovation project. The project comprises two stands (plots) in LAPAwith a total area of 112,00 m2. The actual building will take place on a footprint of 92,30 m2. The rest is for a communal garden (ground level) of roughly 10,50 m2. The total build size of the building will be 456,90 m2 over 5 levels (ground level + another 4 levels), 381,85 m2 for habitation purposes and another 75,05 m2 for a covered garage for 4 cars (on the ground level). The current project foresees a total of two 3-bedroom 3-bathoom duplex apartments with roughly 191,00 m2 each. One on the 1st and 2nd level and another on the 3rd and 4th levels. The top levels will most probably have river views. The property was valued in 2007 for 465.343 € by an independent bank valuer and you can obviously change the existing project to suit requirements. This project could be interesting in the sense that we could sell it off-plan This way, you could limit you outlay and risk to the 300.000 € and end up with either a huge 3-bedroom 3-bathroom apartment and 2 parking spaces, worth an minimum of 450.000 € (probably 500.000 €), to resell or rent: or smaller units if that was the way forward in sales terms. This would generate33,33% ROI (based on a purchase price of 300.000 €). Smaller units will generate a better ROI.

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