ApartmentLisbonne (Portugal)

Price :

$976,800

USD

Euro € EURAmerican Dollar ($ USD)British Pound (£ GBP)

bedrooms3 bathrooms2

Assignment of Position: The Torres do Areeiro development, located on Av. Afonso Costa, occupies a plot of 6,000m² and consists of 154 residential units distributed in three triangular-shaped towers. Each tower has 17 floors above ground and 5 underground floors for storage and parking. This complex is the responsibility of a 100% privately-owned Top Housing Cooperative, created specifically for this project, operating on a non-profit basis and with controlled costs and the highest quality and distinction. The project, approved by CML in 2019, was designed by renowned architect Falcão de Campos, winner of the prestigious Valmor Prize in 2014. Construction is scheduled to begin in 2024, with completion expected in the first half of 2027. Each tower has only 3 apartments per floor, guaranteeing exclusivity and privacy. The cooperative, with extensive experience in successful projects, has approved bank financing for the entire construction, available to cooperative members as needed. Property features: T3 in Tower B, with a private gross area of 150m² and total gross area of 166m², the property also includes 2 parking spaces and a storage room. The apartment, completely facing east, is located in one of the most central areas of Lisbon, Areeiro. The property includes: - 3 bedrooms with closets, one of which is a suite with a dressing area; - A large living room overlooking Bela Vista Park and Avenida Afonso Costa with its surrounding green areas. - There will also be a 5 square meter balcony. The transfer of position is worth €327,000. The remaining payments, totaling €598,000, will be defined over the 30 months scheduled for the work to be carried out. If the new cooperator prefers not to make any more deliveries until the work is completed, they can opt for full financing, with an estimated additional cost of €50,000 for interest payments during the construction period. This is a unique investment opportunity, given that the development has been restricted for publication. This is an excellent investment in a development with controlled costs and great potential for appreciation in the short/medium term. Don't miss the opportunity to take part in this exclusive, high-quality project.