Lisboa Commercial

Are you looking for a residential property with strong rental potential or a versatile building for owner-occupancy in a strategic Lisbon location?

This traditional, fully-owned building is located right on the border between Príncipe Real and Bairro Alto.

The outstanding location is the property’s strongest asset, placing it in one of the capital’s highest-demand residential areas, highly sought after by a middle and upper-middle-class national and international public.

The building is divided into two separate units with independent street entrances, offering excellent flexibility.

Due to its central location and proximity to various local attractions, transport, and daily amenities, this building has exceptional potential to attract tenants in the traditional long-term market as well as the mid-term rental market (stays from 1 to 11 months targeting digital nomads, expats, and international students).

Property Layout and Features

The building consists of:

• Unit 1 (1-Bedroom): A 1-bedroom apartment, which includes direct access to a basement storage room via stairs leading to a small private patio.

• Unit 2 (2-Bedroom Duplex): A 2-bedroom duplex apartment benefiting from a private terrace, ideal for outdoor use.

Diverse Usage Options

Both apartments share an internal connection through a secondary door.

This allows the building to be used either as a single residence or as two completely independent units via their separate street entrances:

• Live & Earn: Live in one unit (such as the duplex with the terrace) and rent out the 1-bedroom apartment to generate regular income.

• Co-living: Suitable for family members or friends who wish to live in the same building while keeping total privacy.

• Live & Work (Home Office): Use one unit as a primary residence and the other as an independent home office, studio, or workspace.

Investment Potential and the Benefits of Mid-Term Rentals (Flexible Contracts)

The mid-term rental market (30 days to 1 year) in this area is highly dynamic and offers strategic advantages to the owner through flexible contracts:

• Legal Security and Asset Liquidity: Mid-term contracts have fixed start and end dates, terminating automatically on the agreed date. This allows the landlord to regain possession of the property much more easily compared to the tight legal restrictions of traditional long-term residential leases.

• Higher Yields: Since these properties are rented fully furnished to corporate or international tenants in transition, the price per square meter in the mid-term market consistently outperforms traditional long-term rentals, maximizing the building’s overall yield.

• Market Adjustments: The owner has the freedom to adjust rent prices with each new tenant transition, keeping up with Lisbon’s real estate market performance without the legal rent-control caps applied to long-term renewals.

Location and Neighborhood (Within walking distance)

The central location allows for a car-free lifestyle, with quick access to transport, shopping, and culture. Living or investing here means having the entire city at your doorstep.

The property is just a few meters away from a massive network of transport, commerce, and culture:

Transport and Accessibility

• Avenida da Liberdade / Restauradores Square (~500m): Immediate access to the city’s main luxury boulevard, connecting Downtown to the heart of Lisbon.

• Restauradores Metro Station (Blue Line) (~700m): Quick connection to the entire subway network.

• Rossio Train Station (~700m): Direct rail link to the historic town of Sintra.

Monuments, Museums, and Leisure

• São Pedro de Alcântara Viewpoint (~200m): Breathtaking panoramic views over Downtown, the Castle, and the Tagus River.

• Príncipe Real Garden (~300m): A landmark green area hosting organic markets and antique fairs.

• São Roque Church (~400m): A masterpiece of Portuguese Baroque architecture.

• Geological Museum (~450m) & Pharmacy Museum (~600m) and Natural History Museum (~600m): Top-tier culture just minutes away.

Commerce, Services, and Dining

• Embaixada Shopping Gallery (~400m): A 19th-century palace transformed into an exclusive gallery of boutique shops and design concepts.

• Clínica Dentária do Marquês (International Medical Clinic) (~1.5 km), Clínica Médica Internacional de Lisboa (Dental Clinic) (~1.5 km), Hospital CUF Tejo (~3.2 km): High-quality healthcare services just minutes away.

• Daily Convenience: Bakery just 150m away, several mini-markets less than a 2-minute walk, Auchan supermarket (~450m).

• Restaurants & Nightlife (~60m to 200m): Traditional Portuguese restaurants (like Terroso and Armazém 22) and the heart of Bairro Alto right next door, famous for its Fado venues and bars.

Do not miss this rare opportunity to acquire a turnkey investment building with immediate returns in one of Europe’s most coveted locations.

A solid real estate investment focused on location and layout flexibility in the heart of Lisbon.

Contact us today to arrange a private viewing.

Business Partnership & Commission Sharing (50/50)

At Keller Williams, we believe that cooperation maximizes results.

We share this business on a 50/50 basis with all real estate agents and agencies holding a valid AMI license.

If you represent an institutional investor or a qualified private client for this type of property, please feel free to contact us.