Building In The Heart Of Bairro Alto With Al Licences
7 Beds
7 Baths
3,876 Sqft
Updated: June 11
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About the Property
Building fully renovated in 2017, located in the heart of Bairro Alto, just a few meters from Praça Luís de Camões and Chiado. The property comprises 7 apartments, all with active Short-Term Rental (AL) licenses, as well as a ground-floor shop. It is in good condition.
With approximately 400 m², the building is distributed over the ground floor and three additional levels, offering a vari
Building fully renovated in 2017, located in the heart of Bairro Alto, just a few meters from Praça Luís de Camões and Chiado. The property comprises 7 apartments, all with active Short-Term Rental (AL) licenses, as well as a ground-floor shop. It is in good condition.
With approximately 400 m², the building is distributed over the ground floor and three additional levels, offering a variety of layouts:
-3 studio apartments, each 45 sqm -3 one-bedroom apartments, each 65 sqm -1 two-bedroom duplex apartment, 75 sqm
All apartments are fully furnished and equipped, ready for immediate operation, and have a high occupancy rate. The building also features 3 terraces, a common WC, and a shared laundry area. The façade has been completely renovated with Lisbon’s traditional tiles, preserving the historical character of the area and various architectural elements typical of the city, giving the building an authentic and charming identity. The property offers an attractive yield of over 7.5%.
The location is truly privileged: situated in one of Lisbon’s most iconic areas, the building benefits from close proximity to a wide range of restaurants, bars, cafés, art galleries, theatres, and local shops. Just steps away from Largo de Camões, it provides direct access to Chiado and Príncipe Real, two of the most sought-after and valuable districts in the capital. The area also has excellent public transport links, including metro, tram and bus services, ensuring quick connections throughout the city. It is one of the most desirable neighbourhoods in Lisbon, known for its unique blend of tradition, culture, and vibrant urban life.
Bairro Alto is an old and picturesque neighborhood in the center of Lisbon, with narrow cobbled streets, centuries-old houses, small traditional shops, restaurants, and nightlife spots. Since the 1980s, it has been the most well-known area of Lisbon’s nightlife, with numerous bars and restaurants, alongside fado houses. Until the 1970s-80s of the 20th century, it was also home to numerous press organizations. Since then, it has acquired a unique and characteristic life of its own, where different generations intersect in search of nighttime entertainment. Bairro Alto is currently a peaceful and traditional neighborhood in Lisbon during the day, transforming from the beginning of the night into the main nightlife spot and meeting point for different cultures and generations.