Apartment for sale in Lisboa

Studio Apartment for Investment in Estrela | Rua de São Ciro PLEASE NOTE: The building currently does not meet safety standards for occupancy; therefore, the unit cannot be inhabited. Consequently, this purchase is intended as an investment with the prospect of future appreciation following the necessary building renovations. A 35 m² studio apartment located on the first floor; it has undergone recent remodeling and is in good condition internally. Following an inspection by the Lisbon City Council and a subsequent technical assessment commissioned by the condominium association, the need for structural work on the building was identified. The owners voted at a condominium meeting to proceed with the necessary works and are currently soliciting quotes. As of now, there is no finalized budget for the project, so it is not yet possible to determine the specific cost share for this unit (which has a 160‰ ownership share). Situated in a central residential area of ​​Lisbon—between Estrela and Lapa—the property enjoys a prime location near Jardim da Estrela, the Basílica da Estrela, and the Campo de Ourique neighborhood. The surrounding area offers a wide range of shops, restaurants, and services, as well as public transport and easy access to key parts of the city. The location will also benefit from the new Estrela Metro station —currently under construction near the Basilica and Jardim da Estrela and scheduled to open in the first quarter of 2027—which will significantly enhance the area's accessibility and appreciation potential. Contact me for more information or to schedule a visit.