Building in Lisboa with 756 m²

BOUTIQUE REHABILITATED BUILDING | COSTA DO CASTELO, LISBON

9 Units | Studios to 3-Bedroom Apartments | €3,350,000

In the historic heart of Lisbon, between São Jorge Castle and Baixa Pombalina, lies this fully refurbished building, composed of nine autonomous units, ranging from studio apartments to three-bedroom layouts, in a highly charming and architecturally interesting ensemble.

With a usage licence issued after a full refurbishment (usage licence from 2011, with an approved architectural project submitted to Lisbon City Council), the building offers the possibility of private use, multi-generational living, or traditional long-term rental investment, in one of the most emblematic and sought-after locations in the city.

It is sold entirely vacant; the current rental agreements are short-term and can be easily terminated.

Property Highlights

• Fully refurbished building in excellent overall condition
• 9 independent units with functional layouts
• Typologies from studio to 3-bedroom apartments
• High ceilings
• Large windows and traditional French doors
• Wooden shutters and Riga pine flooring
• Premium location on Costa do Castelo
• Exterior spaces in all units – balconies, terraces and patios
• Excellent rental yield potential
• Ideal for family offices, international buyers or hybrid “home + income” projects
• Retains the authentic architectural charm of Lisbon’s Castle Hill

Exceptional Location

Situated on one of the city’s most iconic streets, with pedestrian access to the Castle, viewpoints, and the historic districts of Baixa, Mouraria and Alfama.

An authentic Lisbon atmosphere, views over the traditional rooftops, and close proximity to restaurants, urban lifts, shops and public transport.

Potential

The current configuration allows:

✔ Creation of a private family residence project with multiple independent units

✔ Traditional long-term rental in various typologies

✔ Mixed-use: private residence + rental income

✔ Acquisition by an international buyer who values history, location and a turnkey property

Don’t miss this opportunity.

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