$560,200
T3 Fully Renovated In Bairro Alto
- 3 Beds
- 2 Baths
- 1,185 Sqft
- Updated: October 9
- 4
About the Property
A rare opportunity in Bairro Alto: a completely renovated three-bedroom apartment with a balcony, distinctive natural light and a 5.5% yield — currently rented until 2031.
If you are looking for a property in Lisbon’s historic centre that combines character, comfort and profitability, this apartment deserves your attention.
Located in the heart of Bairro Alto, this charming three
If you are looking for a property in Lisbon’s historic centre that combines character, comfort and profitability, this apartment deserves your attention.
Located in the heart of Bairro Alto, this charming three
A rare opportunity in Bairro Alto: a completely renovated three-bedroom apartment with a balcony, distinctive natural light and a 5.5% yield — currently rented until 2031.
If you are looking for a property in Lisbon’s historic centre that combines character, comfort and profitability, this apartment deserves your attention.
Located in the heart of Bairro Alto, this charming three-bedroom apartment was completely renovated in December 2024, preserving the building’s charm and identity while adding a contemporary, comfortable and functional style.
Despite being a basement apartment, it is surprisingly bright and well ventilated, thanks to its large windows and, above all, a unique glazed interior area that functions as a small indoor garden and allows natural light to pass through the apartment in a way that is unusual for this type of property.
An apartment with character
The layout has been designed to provide comfort and versatility.
The main suite is spacious and bright, with a built-in wardrobe and an elegant, generous and carefully renovated bathroom.
The second bedroom also has a built-in wardrobe, while the third bedroom offers remarkable versatility and can be used as a bedroom, office, studio or additional support space.
The guest bathroom retains some of the property’s original style elements, combining them with modern, high-quality solutions. It has two sinks and a comfortable shower area.
The spacious and welcoming living room benefits from light entering through both the balcony and the glazed interior patio, creating a very pleasant atmosphere throughout the day. The living room also has air conditioning.
The open-plan kitchen, fully equipped with Smeg and Bosch appliances, naturally integrates with the living area and was designed to be a true gathering place within the home.
The exterior that makes all the difference
The large balcony is one of the apartment’s most distinctive features. A rare feature in Bairro Alto, it is perfect for creating a small seating area, enjoying coffee outdoors or simply relaxing in the heart of the city.
The combination of the balcony and the glazed interior area creates a particularly interesting connection between indoors and outdoors, conveying a sense of spaciousness and providing exceptionally distinctive natural light for an apartment with these characteristics.
The suite also has air conditioning, ensuring greater comfort throughout the year.
An investment generating income from day one
Currently rented, the apartment offers a 5.5% yield through a lease agreement ending in 2031.
This makes the property a particularly attractive proposition for anyone wishing to invest today in a centrally located asset while retaining the prospect of using it in the future.
In other words, you can acquire an already renovated apartment in one of Lisbon’s most sought-after areas, with active and predictable income over the coming years, while retaining the possibility of personally enjoying a three-bedroom apartment with a balcony in the heart of Bairro Alto in the future, naturally subject to the terms and legal framework of the lease agreement.
A rare opportunity in Lisbon
Combining its location, recent renovation, balcony, natural light provided by the glazed interior space and current income, this property brings together features that are rarely found simultaneously.
Bairro Alto, located in the Misericórdia parish of Lisbon, is one of the city’s most iconic and vibrant neighborhoods. Known for its narrow streets and traditional cobblestone pavements, it combines historic charm with an intense cultural and nightlife scene. During the day, it is a peaceful place, with cafés, design shops, ateliers, and bookstores. At night, it becomes a lively meeting point, with bars, restaurants, and live music. Its central location provides easy access to Chiado, Príncipe Real, and Cais do Sodré. The architecture is characterized by Pombaline buildings and colorful façades. It is a neighborhood with a strong Lisbon identity, where tradition and modernity coexist harmoniously. Ideal for those who appreciate an authentic urban lifestyle with soul. Living here means experiencing Lisbon in its purest essence.
Built-in wardrobe, Window type air-conditioned
If you are looking for a property in Lisbon’s historic centre that combines character, comfort and profitability, this apartment deserves your attention.
Located in the heart of Bairro Alto, this charming three-bedroom apartment was completely renovated in December 2024, preserving the building’s charm and identity while adding a contemporary, comfortable and functional style.
Despite being a basement apartment, it is surprisingly bright and well ventilated, thanks to its large windows and, above all, a unique glazed interior area that functions as a small indoor garden and allows natural light to pass through the apartment in a way that is unusual for this type of property.
An apartment with character
The layout has been designed to provide comfort and versatility.
The main suite is spacious and bright, with a built-in wardrobe and an elegant, generous and carefully renovated bathroom.
The second bedroom also has a built-in wardrobe, while the third bedroom offers remarkable versatility and can be used as a bedroom, office, studio or additional support space.
The guest bathroom retains some of the property’s original style elements, combining them with modern, high-quality solutions. It has two sinks and a comfortable shower area.
The spacious and welcoming living room benefits from light entering through both the balcony and the glazed interior patio, creating a very pleasant atmosphere throughout the day. The living room also has air conditioning.
The open-plan kitchen, fully equipped with Smeg and Bosch appliances, naturally integrates with the living area and was designed to be a true gathering place within the home.
The exterior that makes all the difference
The large balcony is one of the apartment’s most distinctive features. A rare feature in Bairro Alto, it is perfect for creating a small seating area, enjoying coffee outdoors or simply relaxing in the heart of the city.
The combination of the balcony and the glazed interior area creates a particularly interesting connection between indoors and outdoors, conveying a sense of spaciousness and providing exceptionally distinctive natural light for an apartment with these characteristics.
The suite also has air conditioning, ensuring greater comfort throughout the year.
An investment generating income from day one
Currently rented, the apartment offers a 5.5% yield through a lease agreement ending in 2031.
This makes the property a particularly attractive proposition for anyone wishing to invest today in a centrally located asset while retaining the prospect of using it in the future.
In other words, you can acquire an already renovated apartment in one of Lisbon’s most sought-after areas, with active and predictable income over the coming years, while retaining the possibility of personally enjoying a three-bedroom apartment with a balcony in the heart of Bairro Alto in the future, naturally subject to the terms and legal framework of the lease agreement.
A rare opportunity in Lisbon
Combining its location, recent renovation, balcony, natural light provided by the glazed interior space and current income, this property brings together features that are rarely found simultaneously.
Bairro Alto, located in the Misericórdia parish of Lisbon, is one of the city’s most iconic and vibrant neighborhoods. Known for its narrow streets and traditional cobblestone pavements, it combines historic charm with an intense cultural and nightlife scene. During the day, it is a peaceful place, with cafés, design shops, ateliers, and bookstores. At night, it becomes a lively meeting point, with bars, restaurants, and live music. Its central location provides easy access to Chiado, Príncipe Real, and Cais do Sodré. The architecture is characterized by Pombaline buildings and colorful façades. It is a neighborhood with a strong Lisbon identity, where tradition and modernity coexist harmoniously. Ideal for those who appreciate an authentic urban lifestyle with soul. Living here means experiencing Lisbon in its purest essence.
Built-in wardrobe, Window type air-conditioned
-
Property type
Apartment
-
Price/sqft
$473
Features
Explore the Area
Misericordia, Lisbon, Portugal
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Price per sqft
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Listed by
407
Listings
2024
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(EN) Engel & Völkers is an international real estate company that offers a wide range of services, including p
(EN) Engel & Völkers is an international real estate company that offers a wide range of services, including property sales, purchases, rentals, and management. We have a presence in over 30 countries and operate through more than 800 offices. Engel & Völkers is distinguished by its personalized approach and attention to detail. The company boasts a team of highly skilled real estate agents who specialize in various markets and property types. Our agents are committed to finding the perfect property for their clients and are available to assist them throughout the entire process of buying, selling, or renting. If you’re considering buying, selling, or renting a property, Engel & Völkers is an excellent choice. With extensive experience in the real estate market, we provide personalized and attentive service.
(DE) Engel & Völkers ist ein internationales Immobilienunternehmen, das eine breite Palette von Dienstleistungen anbietet, einschließlich Immobilienverkäufen, -käufen, Vermietungen und Verwaltung. Wir sind in über 30 Ländern präsent und betreiben mehr als 800 Büros. Engel & Völkers zeichnet sich durch seinen individuellen Ansatz und die Liebe zum Detail aus. Das Unternehmen verfügt über ein Team hochqualifizierter Immobilienmakler, die sich auf verschiedene Märkte und Arten von Immobilien spezialisiert haben. Unsere Makler sind darauf spezialisiert, die perfekte Immobilie für ihre Kunden zu finden, und stehen ihnen während des gesamten Prozesses des Kaufs, Verkaufs oder der Vermietung zur Verfügung. Wenn Sie darüber nachdenken, eine Immobilie zu kaufen, zu verkaufen oder zu mieten, ist Engel & Völkers eine ausgezeichnete Wahl. Mit umfangreicher Erfahrung auf dem Immobilienmarkt bieten wir einen individuellen und aufmerksamen Service.
(FR) Engel & Völkers est une entreprise internationale spécialisée dans l’immobilier, offrant une large gamme de services, comprenant la vente, l’achat, la location et la gestion de biens immobiliers. Nous sommes présents dans plus de 30 pays et comptons plus de 800 bureaux. Engel & Völkers se distingue par son approche personnalisée et son souci du détail. L’entreprise dispose d’une équipe d’agents immobiliers hautement qualifiés spécialisés dans différents marchés et types de biens. Nos agents s’engagent à trouver la propriété parfaite pour leurs clients et sont disponibles pour les accompagner tout au long du processus d’achat, de vente ou de location. Si vous envisagez d’acheter, de vendre ou de louer un bien immobilier, Engel & Völkers est un excellent choix. Forts d’une vaste expérience sur le marché immobilier, nous offrons un service personnalisé et attentionné.
(ES) Engel & Völkers es una empresa internacional de bienes raíces que ofrece una amplia gama de servicios, incluyendo la venta, compra, alquiler y administración de propiedades. Tenemos presencia en más de 30 países y contamos con más de 800 oficinas. Engel & Völkers se caracteriza por su enfoque personalizado y su atención al detalle. La empresa cuenta con un equipo de agentes inmobiliarios altamente cualificados que están especializados en diferentes mercados y tipos de propiedades. Nuestros agentes se comprometen a encontrar la propiedad perfecta para sus clientes, y se ofrecen a ayudarles en todo el proceso de compra, venta o alquiler. Si estás pensando en comprar, vender o alquilar una propiedad, Engel & Völkers es una excelente opción. Contamos con una amplia experiencia en el mercado inmobiliario, y ofrece un servicio personalizado y atento.
(PT) Engel &Völkers é uma empresa internacional de imóveis que oferece uma ampla gama de serviços, incluindo venda, compra, aluguel e gestão de propriedades. Temos presença em mais de 30 países e operamos por meio de mais de 800 escritórios. Engel & Völkers se destaca por sua abordagem personalizada e atenção aos detalhes. A empresa possui uma equipe de agentes imobiliários altamente qualificados que se especializam em diversos mercados e tipos de propriedades. Nossos agentes estão comprometidos em encontrar a propriedade perfeita para seus clientes e estão disponíveis para auxiliá-los durante todo o processo de compra, venda ou aluguel. Se você está pensando em comprar, vender ou alugar um imóvel, a Engel & Völkers é uma excelente escolha. Com ampla experiência no mercado imobiliário, oferecemos um serviço personalizado e atencioso.
(DE) Engel & Völkers ist ein internationales Immobilienunternehmen, das eine breite Palette von Dienstleistungen anbietet, einschließlich Immobilienverkäufen, -käufen, Vermietungen und Verwaltung. Wir sind in über 30 Ländern präsent und betreiben mehr als 800 Büros. Engel & Völkers zeichnet sich durch seinen individuellen Ansatz und die Liebe zum Detail aus. Das Unternehmen verfügt über ein Team hochqualifizierter Immobilienmakler, die sich auf verschiedene Märkte und Arten von Immobilien spezialisiert haben. Unsere Makler sind darauf spezialisiert, die perfekte Immobilie für ihre Kunden zu finden, und stehen ihnen während des gesamten Prozesses des Kaufs, Verkaufs oder der Vermietung zur Verfügung. Wenn Sie darüber nachdenken, eine Immobilie zu kaufen, zu verkaufen oder zu mieten, ist Engel & Völkers eine ausgezeichnete Wahl. Mit umfangreicher Erfahrung auf dem Immobilienmarkt bieten wir einen individuellen und aufmerksamen Service.
(FR) Engel & Völkers est une entreprise internationale spécialisée dans l’immobilier, offrant une large gamme de services, comprenant la vente, l’achat, la location et la gestion de biens immobiliers. Nous sommes présents dans plus de 30 pays et comptons plus de 800 bureaux. Engel & Völkers se distingue par son approche personnalisée et son souci du détail. L’entreprise dispose d’une équipe d’agents immobiliers hautement qualifiés spécialisés dans différents marchés et types de biens. Nos agents s’engagent à trouver la propriété parfaite pour leurs clients et sont disponibles pour les accompagner tout au long du processus d’achat, de vente ou de location. Si vous envisagez d’acheter, de vendre ou de louer un bien immobilier, Engel & Völkers est un excellent choix. Forts d’une vaste expérience sur le marché immobilier, nous offrons un service personnalisé et attentionné.
(ES) Engel & Völkers es una empresa internacional de bienes raíces que ofrece una amplia gama de servicios, incluyendo la venta, compra, alquiler y administración de propiedades. Tenemos presencia en más de 30 países y contamos con más de 800 oficinas. Engel & Völkers se caracteriza por su enfoque personalizado y su atención al detalle. La empresa cuenta con un equipo de agentes inmobiliarios altamente cualificados que están especializados en diferentes mercados y tipos de propiedades. Nuestros agentes se comprometen a encontrar la propiedad perfecta para sus clientes, y se ofrecen a ayudarles en todo el proceso de compra, venta o alquiler. Si estás pensando en comprar, vender o alquilar una propiedad, Engel & Völkers es una excelente opción. Contamos con una amplia experiencia en el mercado inmobiliario, y ofrece un servicio personalizado y atento.
(PT) Engel &Völkers é uma empresa internacional de imóveis que oferece uma ampla gama de serviços, incluindo venda, compra, aluguel e gestão de propriedades. Temos presença em mais de 30 países e operamos por meio de mais de 800 escritórios. Engel & Völkers se destaca por sua abordagem personalizada e atenção aos detalhes. A empresa possui uma equipe de agentes imobiliários altamente qualificados que se especializam em diversos mercados e tipos de propriedades. Nossos agentes estão comprometidos em encontrar a propriedade perfeita para seus clientes e estão disponíveis para auxiliá-los durante todo o processo de compra, venda ou aluguel. Se você está pensando em comprar, vender ou alugar um imóvel, a Engel & Völkers é uma excelente escolha. Com ampla experiência no mercado imobiliário, oferecemos um serviço personalizado e atencioso.
Last updated
October 9
First listed
June 6, 2025
Listing reference
I-02ZITB-W-02ZWTB
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