Building For Sale In Alfama

Building for Sale in Alfama – Unique Opportunity in Lisbon’s Historic Heart

We present four units of a building under horizontal property, located on Beco do Outeirinho da Amendoeira, a quiet and picturesque street in the charming Alfama district, just steps from the National Pantheon and Lisbon’s main landmarks.

The property consists of five units, including a basement with independent access (not for sale), and four apartments (two on the ground floor and two on the first floor), which can be sold together or separately.
The building’s first registration dates back to 1937, which grants it exemption from an occupancy license, and it offers a total area of approximately 110 m².

Three apartments were fully renovated around 10 years ago and remain in excellent condition. The fourth apartment (ground floor left) requires complete refurbishment. All units have individual water and electricity meters.

Perfect for investment, conversion projects, or staff accommodation, this property represents an excellent opportunity in the heart of Lisbon, close to the Tagus River and the city’s historic center.
Schedule your visit and discover the charm and potential of this authentic building.

🏙️ Neighborhood: Alfama, tradition and authenticity

Alfama is one of Lisbon’s most iconic and atmospheric neighborhoods. Its medieval street layout, with narrow alleys and stairways, reflects its Moorish origins. Known as the birthplace of Fado, it blends the daily life of residents with the vibrancy of visitors, featuring hanging laundry, small groceries, and traditional Fado houses.

History and culture

The only district that survived the 1755 earthquake, preserving its original structure.

The name Alfama comes from the Arabic al-hamma, meaning “baths,” referring to its water springs.

Over the centuries, it was home to Romans, Visigoths, and Moors, each leaving their mark.

Traditionally the fishermen’s and sailors’ quarter, maintaining a strong link with the Tagus River.

Nearby points of interest

National Pantheon, just a short walk away.

São Jorge Castle and Lisbon Cathedral.

Santa Luzia and Santo Estêvão viewpoints, offering stunning city views.

Fado Museum, Casa dos Bicos (José Saramago Foundation), and Roman Theatre ruins.

Modern life

Alfama perfectly combines tradition and modern living. Served by the iconic tram 28, it offers a vibrant local atmosphere with taverns, traditional restaurants, artisan shops, and popular festivities, especially during St. Anthony’s celebrations in June.
Its authentic Portuguese cuisine makes it a beloved destination for locals and visitors alike.

✨ Overview

Location: Beco do Outeirinho da Amendoeira – Alfama

Units: 4 (2 ground floor + 2 first floor)

Total area: ~110 m²

Condition: 3 renovated / 1 needs full refurbishment

Year registered: 1937 (occupancy license exempt)

Individual water and electricity meters

Sale: joint or separate

Ideal for investment or accommodation use

Don’t miss this rare opportunity to own a property in one of Lisbon’s most authentic neighborhoods.
👉 Book your visit today and fall in love with the charm of Alfama.