Block of flats in Beato of 259 m²

**CONSTRUCTION PERMIT PAYABLE**

Investment property in Lisbon: Project approved, +6% Gross Yield, +20% IRR on Sale, IFRRU approved.

Building with approved project in Olaias, Lisbon. Olaias Metro Station 7 minutes away on foot. All kinds of shops and services nearby.

Area in strong appreciation, close to the Instituto Superior Técnico, inside the Lisbon ARU and close to Plano de Pormenor do Casal do Pinto, an urban development plan promoted by the Lisbon City Council.

Units info:
- T1 with a gross area of ​​65 m² and 47 m² of patio
- T2 with a gross area of ​​85 m²
- T2 Duplex with a gross area of ​​110 m²
- Total gross area : 259 m²

Project info:
- Number of floors: 4
- Number of units: 3
- Plot area: 128 m²
- Deployment area: 78 m²
- Gross construction area: 249 m²

Investment info:
- Gross yield greater than 6% in traditional leasing
- IRR greater than 20% on sale after completion of works
- IFRRU approved (access to special financing conditions)

Exemptions and Tax Benefits:
- Exemption from IMT [Section b) of no. 2 of art. 45th of the EBF]
- Exemption from IMI [Section a) of no. 2 of art. 45th of the EBF]
- 6% VAT on the contract [Section a) of no. 1 of art. 18 of the CIVA]

Property excluded from the SCE, pursuant to section g) of paragraph 2 of article 18 of Decreto-Lei n.º 101-D/2020, of December 7

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This property is exclusive, we share it with other agencies on the principle of reciprocity.

IAD Portugal is a digital real estate agency present in France, Portugal, Italy, Spain, Germany and Mexico.

Non-binding information, subject to change.