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Hostel in the heart of Lisbon with a 5% yield

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Hostel in the heart of Lisbon with a 5% yield

3,935,000 $
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Total area: 1,300 m² Yield: 5.0%
  • Absolute return: 175,000 €
  • Percentage of the rented area: 100%
  • Total rooms: 150

It is you a hostel in a historic building in the center of the Portuguese capital.

Description

Palace-style building with a total area of 1,300 m² were built in the XVIII century.

The hostel can accommodate up to 150 people.

The property was completely renovated and decorated by Portuguese artists. The building has a large terrace on the top floor and a cozy garden in the yard.

The beautiful view of downtown Lisbon and the river Tezhu.

All areas are fully leased to operating company.

The lease agreement is signed until 2030.

Financial performance

Absolute income is 175,000 €.

The current yield of 5%.

Location

The hostel is located in the historic heart of Lisbon, next to the popular attractions.

There is the pier and the metro station just a short walk away.

We can help you get a Gold Visa (permit without tax residence) when buying a property worth €500,000 or more.

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Georgiy Buznik
Georgiy Buznik
Real Estate Expert Tranio in Lisbon (city)
+44 20 3608 1267
Free advice on real estate in Lisbon (city)
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    • Bank financing from 2.5% annually
    • Construction site audits
    • Management company services