Entire Building - Calçada da Ajuda
Investment Summary: Calçada da Ajuda 175 – Lisboa, Ajuda
Property Overview
- Address: Calçada da Ajuda, 175, Lisbon
- Building: 4 units + 1 ground-floor retail store
- Total Area: 483m²
- Project: Licensed for full rehabilitation incl. roof, attic conversion (into duplex), façade upgrades
- Condition: Devoluto (vacant)
Scenario-Based Financial Analysis
Key Assumptions & Risk Controls
- Construction Budget: €574.000 based on approved rehabilitation scope
- Acquisition Cost: €999.999
- Capital Structure: Fully equity-financed through partnership model
- Profit Sharing: 75% Investor / 25% Operator (CAEP contract)
- Exit Valuation Anchored: Between €5.200–5.940/m² as per Idealista/Casafari
Control Measures:
- Conservative pricing assumed in base case
- Approved architectural and licensing plan in place
- No debt exposure
- High rental/resale zone with retail demand near Palácio da Ajuda
Neighborhood Insights: Ajuda / Belém
- High-demand micro-location: Calçada da Ajuda is known for upscale residential value and tourism spillover from Belém
- Ideal for mid- to high-end T2/T1 resale, with added upside from retail unit fronting the street
- Recent sales in the zone support exit values up to €6.000/m²
Cost Efficiency Analysis