4 Apartment Building With Al License

Residential building in the prestigious Lapa neighborhood, Lisbon
Located in one of Lisbon’s most sought-after areas, this historic early 20th-century building combines traditional charm and excellent investment potential. Situated near the Tagus River, embassies, Jardim da Estrela, Estrela Basilica, local shops and good public transport, including the iconic Tram 28, the property benefits from a central, prestigious location with high tourist and residential demand.

The building has four floors, with one apartment per floor, totaling four residential units of approximately 75 m² each, making up a total area of ​​approximately 300 m². The building has been completely renovated, including the roof, facades and stairs, ensuring structural solidity and property value enhancement.

Three of the apartments are vacant and allocated for Local Accommodation, ready for immediate exploitation as tourist accommodation or medium/long-term rental, according to the investor’s strategy. The third-floor apartment has only received new windows and blinds and is currently occupied with a lifetime rental, guaranteeing stable and secure income.
The property has active Local Accommodation licenses, offering immediate potential income, operational flexibility, and sustained appreciation in the medium and long term. A rare opportunity for investors looking for a charming, ready-to-use property in a central, prestigious, and versatile location, combining history, comfort, and secure income.

The current parish of Estrela in Lisbon, is a small parish belonging to this beautiful city, possessing a dynamism and truly unavoidable cultural and religious diversity. Estrela aggregates the old parishes of Lapa, Prazeres and Santos-o-Velho, going from the riverside to the Basilica. It was exactly the Basilica da Estrela that gave its name to the parish and its surroundings, a convent built in honor of Nossa Senhora da Estrela, in 1572, where today we can find the Main Military Hospital. A recent study points out this area of the city as the second most exclusive in Lisbon, chosen as a place of residence by the upper-income families. This area has always been chosen by the most distinguished and wealthy families, and there are still several palaces that belonged to these families. Estrela is one of the most central areas of Lisbon, located in the heart of the city. It is in this area that is located in particular the Parliament and the S. Bento Palace, official residence of the Prime Minister.