Engel & Völkers
Bright room with wooden floors, white walls, and a wooden staircase. A window overlooks trees, and a gray sofa with pillows sits in the corner.

Building in the Prestigious Praça das Flores – Investment Opportunity

€2,250,000
  • ~390 m² Total surface
  • ~390 m² Living area
  • ~140 m² Plot surface

Description

Located in the iconic Praça das Flores, one of the most charming and authentic areas of Lisbon, this elegant early 20th-century building stands out for its traditional character and enormous potential for appreciation. The building, of mixed use, consists of 12 units, five of which are for commercial use and the remaining for residential, making it an excellent opportunity for both investment and a rehabilitation project. Its privileged location, in a quiet and tree-lined square, provides a unique environment, combining the traditional Lisbon atmosphere with proximity to various points of interest, such as Príncipe Real, Avenida da Liberdade, and Chiado. Although it requires rehabilitation work, this property has a solid structure and numerous possibilities for adaptation, whether for income or resale. With the area's growing appreciation and the strong demand for properties with historical character, this is a unique opportunity for investors looking for a project with high return potential.
Features
Green viewPlayground
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Engel & Völkers Lisboa MMC

Your advisor: Oscar Baptista

Property ID: W-02Y9Y2

Property details
  • Object type

    Other

  • Condition

    Needs Rehabilitation

  • Number of Floors

    3

  • Total surface

    ~390 m²

  • Living area

    ~390 m²

  • Plot surface

    ~140 m²

Energy efficiency information
  • Construction year

    1950

  • Energy certificate available

    Yes

  • Energy certificate type

    Demand certificate

Location: Lisbon, Portugal

Privileged Location in the Heart of Lisbon Located in the charming Praça das Flores, this apartment benefits from an exceptional location in the prestigious Príncipe Real neighborhood, near the Assembleia da República and within walking distance of the vibrant Chiado. Praça das Flores is a true haven in the city center, known for its tranquil atmosphere, cozy terraces, and unique shops. Príncipe Real, one of Lisbon's most elegant neighborhoods, is distinguished by its historic architecture, lush gardens, sophisticated restaurants, and design concept stores. Meanwhile, Chiado, with its cosmopolitan energy, offers a wide selection of theaters, iconic cafés, and exclusive boutiques. This location provides the perfect balance between the tranquility of a charming residential area and the proximity to the best cultural, gastronomic, and commercial experiences Lisbon has to offer.

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Engel & Völkers Lisboa MMC

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EV MMC Portugal - Mediaçáo Imobiliária Unipessoal Lda.

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