Avenidas Novas, Lisbon

Reconstruction of office building into luxury residential units. The client acquired the property at the inception of the project.

Economic Indicators:

Apartment T2

Year of reconstruction start - 2020

Year of completion (plan) - 2024

Year of investment 2021

Purchase price - €678.000

Transaction taxes - €46.000

Year of sale - 2024

Sale price - €950.000

Yield for the period - 31%

Annualized yield - 10%