3 Bedroom Apartment With City Views In Graça, Lisbon

This 3-bedroom apartment, with 110 sqm of gross area, is situated in one of Lisbon’s most characteristic neighbourhoods. Currently rented until the end of March 2027, with a monthly rental income of €2,298, it offers an approximate rental yield of 5.53%, making it an attractive investment opportunity with immediate income or the potential for future owner-occupation.

The apartment is in excellent condition and underwent a full refurbishment in 2006, including the plumbing and electrical systems. It was also repainted approximately one year ago. Key features include abundant natural light, generous room sizes and versatile living spaces.

The property is laid out as follows:

The entrance leads into a hallway that clearly separates the private and social areas. The en-suite bedroom and the additional bedroom are both spacious, bright and east-facing. The additional (+1) space, accessible either through the bedroom or directly via the building’s staircase, offers multiple possibilities for use, including as a home office, bedroom, walk-in wardrobe or ancillary space.

The social area comprises a west-facing living and dining room with two small balconies and pleasant views over Lisbon’s Baixa district. The separate kitchen features an enclosed balcony, currently used as a laundry and utility area. This part of the apartment also includes a full bathroom and a generously sized pantry, providing additional storage space.

The location is another of the property’s main advantages. Graça combines the traditional character of one of Lisbon’s historic neighbourhoods with an excellent range of shops, restaurants, services, cultural attractions and public transport. The proximity to schools, hospitals and other points of interest further enhances the area’s residential appeal.

Features

- 2+1-bedroom apartment
- 110 sqm of gross area
- Rented until the end of March 2027
- Monthly rental income of €2,298
- Approximate rental yield of 5.53%
- Fully refurbished in 2006, including plumbing and electrical systems
- Repainted approximately one year ago
- East/west solar exposure
- Living room with two small balconies
- Views over Lisbon’s Baixa district
- Separate kitchen with enclosed balcony
- Generously sized en-suite bedroom and additional bedroom
- Wooden flooring
- Pantry

An opportunity to acquire an apartment generating immediate rental income in an established and highly sought-after location in Lisbon, with the potential for future owner-occupation.

An opportunity to acquire an apartment generating immediate rental income in an established and highly sought-after location in Lisbon, with the potential for future owner-occupation.
Here you can enjoy palaces and manor houses (Palacete da Estefânia, Sotto Mayor Palace) Anjos Church, schools (Camões Secondary School, former Liceu Camões and Universidade Autónoma de Lisboa) the Hospital de Santo António dos Capuchos, the Cinema Império and the Neptuno fountain in Largo de Dona Estefânia, as well as several restaurants and traditional shops. As it is so central, it has a good transport network (Metro and buses) that allow easy access to other parts of Lisbon, making this property an excellent investment for long-term rentals, as well as owner-occupied housing with a comfortable life in the city centre.
Energy Rating: C
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