T2 Apartment: Mercado de Benfica

A T2 in Mercado de Benfica acquired off-market, in direct negotiation with the owners. The property kept its original parquet in good condition, a balcony with an open view and a functional layout: the opportunity lay less in the property itself and more in the way the deal was built.

Living room with herringbone parquet flooring and balcony access in the T2 apartment in Benfica
Glazed balcony of the T2 apartment in Benfica overlooking the surrounding buildings
Original kitchen of the T2 apartment next to Mercado de Benfica, before the renovation

The Context

The differentiator of this project was not in the renovation: it was in the deal. We identified the T2 outside the open market and opened a direct channel with the owners. As the sellers wanted to release the property quickly, our negotiating power allowed us to close the acquisition below market value, with enough margin for a minimal intervention and a short-cycle resale. Execution was surgical and took 15 days. The property was in good condition (there was no painting, only a deep clean and home staging for the photo session). In parallel, we set up a dedicated marketing plan with professional photos and multichannel promotion, positioned to appeal both to an investor (with a clear margin on entry) and to an end buyer (a property ready to live in or to renovate to taste). The value creation came from the acquisition strategy.

During Execution

Valuation & Strategy
Off-market acquisition in direct negotiation with the owners Technical assessment and pricing after value uplift
Intervention
Deep clean Home staging for the photo session
Marketing & Sale
Professional photos Dedicated marketing plan with multichannel promotion Dual positioning: investor or end buyer (ready to live in or to renovate to taste)
Project Result
total timeframe
1 Month
Actual ROI
31,88%
Intervention
Performance
Purchase
235.000,00€
Sale
315.000,00€
* Figures rounded for data protection. ROI calculated on total capital invested. Past results do not guarantee future ones.

Key Takeaways

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