Investment Building with guaranteed return of 11% per year

Villa - Portugal, Portalegre, Elvas, Caia, São Pedro e Alcáçova, Centro Histórico

Building located in the historic center of Elvas, a few meters from Praça da Républica and very close to the municipal library.

Fully renovated in 2021, it has 2 independent entrances where we can find a 1 bedroom apartment at home, one of them, one on the ground floor and the other on the 1st/2nd floor and with a terrace at the top of the building with a wide view over the houses and fortifications of Elvas.

With a monthly return of €880 (11%/year), it makes this property a safe investment opportunity in the face of the current economic situation.

On the ground floor we find a 1 bedroom apartment with the following divisions:

• Living room with kitchenette (equipped with stove/oven/extractor/boiler);
•Room;
• Bathroom.

On the 1st and 2nd floors we find a 1 bedroom apartment with the following divisions:

1st Floor:

• Living room, with wardrobe;
•Room;
• Bathroom.

2nd Floor:

• Kitchen (equipped with stove/oven/extractor fan);
• Laundry (washing machine/boiler);
• Bathroom.

Large terrace with unobstructed views over the houses in the lower part of the city of Elvas, Santa Luzia fort and fields.

Property with high potential for appreciation, in addition to immediate profitability, this property offers potential for long-term appreciation due to its privileged location and the continuous demand for properties in the historic center as well as no investment in renovation/maintenance works is expected in the coming years.

This is the opportunity you have been waiting for to boost your real estate investment portfolio. Seize the opportunity now to get a solid return and a property that combines history, culture and profitability.

Why invest and live in Portugal?

• 7th. Safest country in the world – Global Peace Index 2023;
• One of the best motorway networks in the world;
• Portugal considered the best tourist destination in Europe in 2022, for the 5th. time in the last 6 years (WTA);
• Lisbon the best Metropolitan Seaside destination in the world in 2022 (WTA);
• Madeira Island, the best island destination in the world in 2022 (WTA);
• Algarve having a hotel unit elected with the award for Best Lifestyle Resort 2022 (WTA);
• Porto elected as the best City destination in the world in 2022 (WTA)
• Average temperature at 12 noon, in summer: 25º C and in winter: 16º C;
• Considered the 7th. Best country in the world in quality of life 2022 (InterNations);
• Portugal is 4th. Best country in the world where expats feel most at home in 2022 (Internations);
• Mediterranean Diet, classified as a World Heritage Site by Unesco;
• The best fish in the world, according to Ferran Adriá, Chef "El Bulli";
• It has 1 of the 25 most beautiful beaches in the world Tripadvisor 2022;
• It has 3 Portuguese wines among the 12 best in the world in 2022 (Forbes)

Take advantage of this opportunity and book your visit now or ask for additional information!