Renovated Building For Investment – Graça, Lisbon | 487m² Of Profitability In The Heart Of The Capit

If you’re looking for a solid, versatile real estate asset with high income potential, this is the ideal opportunity. Located in the emblematic Graça neighborhood – one of Lisbon’s most authentic and fast-appreciating areas – this fully refurbished building is ready to generate income from day one.

Property ready for multiple investment models:
- This 4-story building + basement combines traditional Lisbon architecture with a modern and functional renovation project, specifically designed for investors seeking returns through:

- Room rentals

- Short-term rentals (local accommodation)

- Tourist lodging

- Boutique hotel or guesthouse operation

Layout:

- Ground floor + basement: Spacious 145.80 m² commercial space, ideal for a restaurant, coworking, or retail concept. Includes staff area, private and guest bathrooms, kitchen, and direct access to a terrace.

- 1st floor: Two en-suite rooms + one apartment with a fully equipped kitchen.

- 2nd floor: Four independent en-suite rooms.

- 3rd floor: Duplex apartment with two bedrooms, two bathrooms + three additional en-suite rooms.

Technical features and highlights:

- Mitsubishi air conditioning in all rooms

- Magnetic key card door system (perfect for automated hospitality management)

- Excellent sun exposure and balconies

- High-quality finishes throughout

- Layout optimized for flexible rental or hospitality operations

Strategic location:
Just steps from the Senhora do Monte and Graça viewpoints, surrounded by local restaurants, shops, schools, and with easy access to Lisbon’s historic center, metro, and tram. A highly sought-after area by both residents and tourists.

Property details:

- Gross area: 487 m²

- Entire building, delivered vacant

- Year built: 1938 (fully renovated)

- Ready to operate and generate immediate income

Maximize your returns in one of Lisbon’s most charismatic and promising neighborhoods.

Contact us to schedule a visit or request further information about this rare investment opportunity.