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Property description
In the heart of the Castelo neighborhood, a building with views, charm, and guaranteed income.Imagine living close to the centuries-old walls of São Jorge Castle, in one of Lisbon’s most exclusive neighborhoods, while enjoying a stable income. That’s what this unique building in Castelo offers you: history, lots of light, and a good deal.Constituted as a whole property, this buIn the heart of the Castelo neighborhood, a building with views, charm, and guaranteed income.Imagine living close to the centuries-old walls of São Jorge Castle, in one of Lisbon’s most exclusive neighborhoods, while enjoying a stable income. That’s what this unique building in Castelo offers you: history, lots of light, and a good deal.Constituted as a whole property, this buildingwith pre-Pombaline originsis divided into three units with independent access. On the ground floor, there are two studios measuring 25 m² and 30 m², tastefully renovated, fully equipped, and ready to be rented.
These units, previously operated with great success as local accommodation, now have the potential to generate an estimated annual income of €25,000 through medium or long-term rentals.At the top, a duplex apartment with approximately 220 m² of gross private area is distributed over several levels, with patios, balconies, and an unobstructed view to the south of the immense Tagus River. Light enters from the south and east, embracing a large social area (45 m²) and a room that the current owner uses as an office. On the same floor (90 m² of usable space), there is also a kitchenin need of a refresha bathroom, and an outdoor patio. The majestic suite occupies the entire second and top floor, with a closet and access to another patio facing the backyard and a balcony facing the Tagus River. The apartment retains its charm and authenticity, benefiting from renovations carried out around 20 years ago. It currently has potential for renovation and updating, allowing the future owner to personalize the space to their liking and take full advantage of the privileged location. The layout allows for easy creation of new configurations, including a large two-bedroom, three-bedroom, or even four-bedroom apartment.Car access outside is for residents only, ensuring silence, tranquility, and some exclusivity. The property is ideal for those looking to live in one of Lisbon’s most charismatic neighborhoods, while at the same time providing a solid and stable income. Energy Rating: E #ref:NF030
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