Prédio T0 For Sale In Lisboa

Unique Investment Opportunity: fully renovated condominium building in Alfama, with immediate option for increasing yield from 5.3% to 8.3% through rental

Fully renovated condominium building, brand new, in the heart of Alfama, one of Lisbon’s most iconic neighborhoods. Located just steps from the river, with stunning views and close to some of the city’s top tourist attractions, this property is the perfect opportunity for those looking to invest in the short-term rental / local accommodation market, or even traditional rental, for which there is already a firm rental proposal with a progressive annual income starting at €94,500 and growing up to €148,000.

Building Features

• Condominium building.
• Total Area: 260m², spread over 7 floors – 1 below ground and 6 above.
• 6 units elegantly furnished and equipped with modern finishes and a design that combines comfort and functionality:
• Floors 0 and -1: T1+1 Duplex;
• Floor 1: Studio with balcony;
• Floors 2 to 4: 3 Studios, each with 2 small balconies;
• Floors 5 and 6: T0+1 Duplex with small balcony.
  
  

Amenities and Highlights

• Fully furnished and equipped – electric cooktop, extractor fan, oven, microwave, combined fridge and freezer, washing machine, water heater, and air conditioning.
• Double-glazed windows for enhanced comfort and thermal and acoustic insulation.
• Code lock system, fire alarm, and main power cut-off in case of emergency.
• Ready to use / generate income.
  
  

Surroundings

This asset is located in Alfama, one of Lisbon’s most iconic neighborhoods, known for its historic charm and stunning views over the Tagus River. The area offers a unique blend of tranquility and vibrancy, with traditional restaurants, fado houses, cafes, local shops, and tourist attractions such as the National Pantheon, Fado Museum, São Jorge Castle, Lisbon Cathedral, and Santa Luzia viewpoint, among many others. The proximity to the river and outdoor leisure areas makes this location highly sought after by tourists and expatriates.

Additionally, the public transport network is excellent, with buses, trams, trains, and a metro station just minutes away, providing easy access to all parts of the city.

Income Potential

This building is the ideal choice for investors and companies operating in the short-term rental / local accommodation market, or even traditional rental. With high potential profitability, this property offers a highly attractive investment opportunity.

Furthermore, being a condominium allows greater flexibility in the future, in case of a strategic decision to divest, enabling independent sale of units.

It currently has a firm rental proposal starting at €7,800/month (€94,500/year) and progressively increasing up to €12,340/month (€148,077/year).

Don’t miss the chance to acquire a brand-new renovated property, ready to generate income.

Contact us today for more information or to schedule a visit and discover your next investment in Lisbon.