Building In Bairro Alto/Chiado

In Bairro Alto, the most picturesque neighbourhood in the centre of Lisbon, with narrow cobbled streets, secular houses and small traditional shops and just 1 min from Largo do Chiado!

The perfect building for a Real Estate Investor who wants an unconstrained acquisition as the building is free of tenants and, with some rehabilitation work, foresees a great profitability due to its Prime location.

A whole building, with implantation area of 57sq.m, constituted by ground floor and three floors for habitation - Ground floor: 2 bedrooms apartment and the remaining 3 floors: 1 bedroom apartments.

With full rehabilitation works done in 2000, including the roof, with a fast and easy refurbishment it is a great investment as the return can be immediate if rented or greater if sold separately per floor/apartment.

Architecture project done for 4 apartments with 2 bedrooms.
Ground floor with gross floor area of 57 sq.m.
1st floor with 43sqm, 2nd floor with 45 sqm and 3rd floor with 35 sqm.

Total gross area of 214 sq.m approximately and gross private area 170 sq.m.

Possibility to raise a floor or extend the 3rd floor, as it is below the block´s average.

High and immediate profitability in case of lease and even higher in case of rehabilitation and division and sale by fraction.

Local Info:

Few neighbourhoods in Lisbon change as much as Bairro Alto. known as Lisbon’s party district, there’s plenty of art and history to explore and food to sample.

Packed with emerging street art, historical sights and culinary treats from around the world, the streets here lead a double life, quiet by day and teeming with lively crowd in the evenings.

Excellent centrality and transport access: metro, train and ferry.

About Savills:

Over more than 160 years, Savills has grown to become one of the world’s leading real estate advisors. The property landscape may be unrecognisable from the time we opened our first office in London in 1855, but our forward-thinking approach, our values of trust and integrity, and our focus on exceptional customer service have not changed.
Today, Savills is a modern, global business. With more than 600 offices and associates located in over 70 countries worldwide, our reach and expertise are unrivalled, with 39,000 people working in 300 disciplines that cover the entire spectrum of residential, commercial and rural property services.

We reach clients around the world - through our team of dedicated specialists based in London, our worldwide network of offices and associates, and our specialist in-house marketing, PR and research teams. And our clients can find us easily, thanks to our multilingual websites and mobile search, and our reputation for market-leading insight and analysis.

We combine our worldwide reach, experience and expertise with personal service for every client, including specialist departments that offer the highest levels of privacy and professionalism. We pride ourselves on building lasting relationships that help our clients achieve their property ambitions, whatever and wherever they may be.
Energy Rating: D
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