Excellent investment opportunity in the heart of Lisbon. This building has a total gross construction area of 557m2. This fully owned building, features a wall on its side facade from the Roman times, which connects to São Jorge Castle, making it a classified building, exempt from property tax (IMI) until the year 9999.
It’s a excellent investment opportunity for a hotel, room rental or Airbnb.
The building is composed of 3 residential units.
3rd Floor - River view, with 136m2 + 35m2, originally with 9 rooms, converted into a duplex T4+1 with an attic and 2 bathrooms. Possible expansion of the upper part of the building.
2nd Floor - Originally with 11 rooms, with 126m2, converted into a spacious T3 with plenty of natural light and 2 bathrooms. Excellent ceiling height.
1st Floor - With 9 rooms, totaling 126m2, this apartment is rented until 2030.
The building also includes 2 currently leased retail shops: a grocery store (60m2) and a commerce shop (74m2), with leases ending in October 2024.
In total, there are 6 units, 3 residential and 3 commercial.
Great business opportunity, near Chafariz D El Rei mansion, Lisbon Walls, São Pedro Tower, Fado Museum, Sé Church. A 3-minute walk from Santa Apolónia train/metro station, Terreiro do Paço river terminal, Santa Apolónia cruise terminal, and Jardim do Tabaco.
Alfama is a historic district of Lisbon, known for its narrow streets, medieval architecture, and traditional fado music. It's one of Lisbon's oldest areas, characterized by breathtaking views of the Tagus River. Alfama is a popular tourist destination, offering a glimpse into Lisbon's past with landmarks like São Jorge Castle, Sé Cathedral, and numerous cozy cafes and restaurants serving local cuisine. The neighborhood has a unique charm and atmosphere that capture the essence of Lisbon's rich cultural heritage.
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