Building for sale in Lisboa

Building in Lisboa with 194 m²

Belém

Price reduction

720 000 €
749 000 €
4%

Buy
id. 123791293-20

194 m²

3

3

E

Description

Discover a rare opportunity in one of Lisbon's most historic and sought-after neighborhoods. This charming 1929 building, with a total area of 192 sqm, offers the perfect combination of flexibility, central location, and long-term value creation.

Currently configured as three independent apartments (one per floor), the property already demonstrates immense versatility, featuring operational units alongside one requiring total renovation — the ideal path for anyone looking to customize and add value to the asset.


Future Project and Value Potential
For buyers seeking a fully optimized asset, a Prior Information Request (PIP) is already underway. The approved concept layout plans for the transformation and modernization of the building into three new independent units, designed for maximum urban efficiency:

  • Two 1-bedroom apartments (T1)
  • One studio apartment (T0)

An Unmatched Location
Situated on a central street that benefits from free parking, the building is just a short walk from the scenic Tagus River and the true heart of Belém — steps away from the Jerónimos Monastery, the waterfront, the Presidential Palace, the Belém Cultural Center (CCB), and the iconic Pastéis de Belém. It also benefits from fast and direct public transport links to downtown Lisbon.

Multiple Strategies at Your Disposal:

  • Multi-family Project: Execute the new renovation plan to maximize the number of independent units (2 T1 + 1 T0).
  • Flexible Income: Live in one of the units and place the remaining ones on the rental market.
  • Urban Retreat: Design your dream Townhouse in one of the Portuguese capital's most emblematic neighborhoods.

With a solid structure, prime location, and a clear path to value appreciation through the new PIP, this property stands out as the ideal choice both for those seeking an exclusive lifestyle and for investors focused on high-potential assets in an internationally prestigious area. 

Details

Private Gross Area m²194
Gross Area m²168
Total Lot Size m²64
Living Area m²131
Bedrooms3
Construction Year1929
Floor- -
WC/Bathrooms3
ElevatorNo
ParkingNo
Electric Cars ChargingNo

Energetic details

Energy efficiency

Map

Credit Simulation
Listing Price
720 000 €
Monthly Payment (*)
0

(*) The monthly installment indicated corresponds to a reference value, based on a variable rate (6-month Euribor), not dispensing with a more complete and detailed financial analysis! The information resulting from these simulations is merely indicative, with the purpose of providing guidance on the estimated cost, according to the data indicated by the user. Each financial entity has its own policies and financing conditions, and are not bound by the results of this simulation.