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Property description
Located in the iconic Bairro Alto - Chiado district, this fully renovated building from 2017 offers a unique investment opportunity in Lisbon’s real estate market. Combining the historical charm of traditional architecture with modern finishes, the property is currently under the Local Accommodation (AL) regime, offering seven active and transferable AL licenses, in accordance with Decree-Law No.Located in the iconic Bairro Alto - Chiado district, this fully renovated building from 2017 offers a unique investment opportunity in Lisbon’s real estate market. Combining the historical charm of traditional architecture with modern finishes, the property is currently under the Local Accommodation (AL) regime, offering seven active and transferable AL licenses, in accordance with Decree-Law No. 76/2024, and a gross yield of 7.65%.Comprising four floors and approximately 500 m² of gross construction area, the building features seven accommodation units, including three T0 apartments (45 m²), three T1 apartments (65 m²), and one T2 apartment (75 m²).
All units are equipped with a modern kitchenette, living and dining areas, and at least one private bathroom. Some units also benefit from patios, balconies, or terraces.The property is distinguished by an impressive internal staircase in iron and wood, high-quality triple-glazed windows, and a traditional facade adorned with typical Portuguese tiles. The upper floors, with ceiling heights exceeding 3 meters and large door-windows, provide exceptional natural light.Situated in a premium location in the heart of Lisbon, surrounded by restaurants, bars, and shops, the building is just minutes from landmarks such as Largo de Camões, Cais do Sodré, and Mercado da Ribeira. It also offers easy access to the metro and is only a 7 km drive from Lisbon International Airport.This building presents an exceptional investment opportunity, ideal for those seeking profitability, elegance, and a prime location. For further details or to schedule a private viewing.Sotheby’s International Realty has nearly 300 years of history as a renowned company specializing in the transaction of luxury real estate. Sotheby’s International Realty has been present in Portugal since 2007, with the mission: ”The art of connecting extraordinary homes with extraordinary lives.
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