Picoas Belair in Lisbon

Name: Sales in Picoas Belair started!
Start: 2021-05-04T09:02:39.981226+00:00
End: 2023-12-31T23:59:59+0000
Location: Picoas Belair

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Project info

Object ID: 12124

Finished at	March 2022
Price, m²	From 7140$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 79.00 m²
Floors	6
Apartments	28
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Pool Kids playground Near school Near supermarket Nearby subway stations Picoas 1 min Parque/Europa 4 min Saldanha 5 min Marquês de Pombal 7 min São Sebastião 9 min Avenida 11 min Campo Pequeno 12 min Anjos 13 min Arroios 13 min Intendente 14 min Rato 15 min Praça de Espanha 16 min Restauradores 17 min Martim Moniz 18 min Areeiro 18 min Entre Campos 19 min Rossio 20 min Roma 21 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

10,605$

Rental income

1,103$

Management

689$

Utilities

530$

5% Income tax

8,283$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	50$	250$
February	28	21%	6	50$	300$
March	31	16%	5	55$	275$
April	30	16%	5	60$	300$
May	31	32%	10	60$	600$
June	30	60%	18	70$	1260$
July	31	80%	25	95$	2375$
August	31	80%	25	100$	2500$
September	30	46%	14	75$	1050$
October	31	45%	14	60$	840$
November	30	30%	9	50$	450$
December	31	29%	9	45$	405$
Total	365		145		10605$
Average		39%		64$

Total invested

564,060$

Net profit

8,283$

Payback period

53.2 years

Avg property value increase per year

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Promos and discounts for Picoas Belair

About the project

The building is located in the most prime area of Avenidas Novas, at Rua Sousa Martins, 21, parallel to Av Fontes Pereira de Melo and very close to the Sottomayor and Picoas Palace.

With 28 apartments and a store, it integrates several types between T1, T1 + 1, T2 and T3, with common and private pools, as well as terraces and large outdoor spaces, connecting the indoor and outdoor communication, benefiting from the unique light of Lisbon.

All apartments will have one or more garage spaces.

The building is located in the center of Lisbon, allowing you to live close to everything, with all kinds of public transport, local shops, restaurants, shops, green spaces, schools and various services.

The project was designed by the architecture firm Fragmentos, and combines the preservation of the façades with a modernity created for a city experience surrounded by large green spaces and swimming pools, some private, and with stunning views of the city from the highest floors.

Conclusion of the Work (expected): 1st quarter of 2022.