Building for sale in Lisboa

Unique Investment Opportunity: fully renovated horizontal property building in Alfama, with the option of immediate rental increased yield from 5,3% to 8,3% Fully renovated, brand-new horizontal property building located in the heart of Alfama, one of Lisbon's most iconic neighborhoods. Situated just a few steps from the river, with stunning views and proximity to some of the city's major tourist attractions, this property is the perfect opportunity for those looking to invest in the short-term rental/local accommodation market or even in traditional rental, for which there is already a firm rental proposal with a progressive annual yield, starting at €94,500 and growing up to €148,000. Building Features Horizontal property building. Total Area: 260 sqm distributed across 7 floors – 1 below ground and 6 above. 6 units elegantly furnished and equipped with modern finishes and a design that combines comfort and functionality: Floors 0 and -1: T1+1 Duplex; Floor 1: T0 Studio with balcony; Floors 2 to 4: 3 T0 Studios with 2 small balconies each; Floors 5 and 6: T0+1 Duplex with a small balcony. Amenities and Highlights Fully furnished and equipped – electric stove, extractor fan, oven, microwave, combined refrigerator and freezer, washing machine, water heater, and air conditioning. Double-glazed windows for enhanced comfort and thermal and acoustic insulation. Code-based locking system, fire alarm, and general power shutdown in case of emergency. Ready to use/monetize. Surroundings This property is located in Alfama, one of Lisbon's most iconic neighborhoods, renowned for its historical charm and breathtaking views of the Tagus River. The area offers a unique combination of tranquility and vibrancy, with traditional restaurants, fado houses, cafés, local shops, and tourist attractions such as the National Pantheon, Fado Museum, São Jorge Castle, Lisbon Cathedral, and Santa Luzia viewpoint, among many others. Its proximity to the river and outdoor leisure areas makes this location highly sought after by tourists and expatriates. Additionally, the public transport network is excellent, with buses, trams, trains, and a metro station just minutes away, ensuring easy access to all parts of the city. Investment Potential This building is the ideal choice for investors and companies operating in the short-term rental/local accommodation market or even in traditional rental. With high potential profitability, this property offers an extremely attractive investment opportunity. In addition, the fact it is in horizontal property allows increased flexibility in the future, in the event of a strategic decision to divest, as units can be sold independently. It currently features a binding rental offer that starts at €7,800 per month (€94,500 per year) and progressively increases to €12,340 per month (€148,077 per year). Don't miss the chance to acquire a newly renovated building, ready to be monetized. Contact us today for more information or to schedule a visit and discover your next investment in Lisbon.