Lisboa Town House

Apartment with short-term rental income, 2 minutes from Avenida da Liberdade, 5 minutes from Praça dos Restauradores.

Currently a student residence with an annual income of €30,000.

It could also be converted into an Airbnb with a garden and mini-pool, increasing income to €50,000 per year with an investment of around €30,000. You can see the neighbor’s garden in the last photos.

It’s also possible to build up to 4 floors with a more expensive project costing €500,000; the preliminary planning document (PIP) has been approved and is awaiting final decision.

Of course, you could also build your own house with a garden and pool in the historic center of Lisbon, with 2, 3, or 4 floors.