T3 Fully Renovated In Bairro Alto

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