Apartment T3 in Lisboa with elevator

3-Bedroom Apartment in Torres do Restelo, Belém – Investment Property with Rental Income

3-bedroom apartment for sale at €450,000, located in Torres do Restelo, one of Lisbon’s most prestigious and established residential areas. 

The property is subject to a lifetime tenancy agreement, generating a monthly rental income of €750, with the landlord’s contractual position transferring to the new owner. This represents an opportunity for long-term investors seeking to combine regular rental income with the potential for future capital appreciation. 

Offering 108.90 sqm of usable floor area and 123.20 sqm of gross floor area, the apartment features three bedrooms, two bathrooms, and two enclosed balconies, complemented by a private parking space and a storage room. 

The property is in very good condition, retaining the solid construction and original characteristics of the building. 

Location is one of its key advantages. Situated in a peaceful residential neighbourhood between the Tagus River and Monsanto Forest Park, the apartment benefits from convenient access to Lisbon’s main roads, services, and amenities. 

The established reputation of Torres do Restelo, combined with the limited supply of properties in this part of Lisbon, further enhances its appeal to investors focused on long-term wealth preservation and capital appreciation. 

Property Features

• Three bedrooms
• Two bathrooms
• Two enclosed balconies
• Private parking space within the building
• Storage room
• Individual heating
• Accessibility for people with reduced mobility
• Year of construction: 1978 

Building

• 2nd floor
• Lift 

A real estate investment opportunity in a prime Lisbon location, offering existing rental income and long-term capital appreciation potential. 

Contact us for further information or to arrange a viewing. 

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