Apartment for renovation with parking in Areeiro

€279,000
  • 3 Rooms
  • 2 Bedrooms
  • 1 Bathroom
  • ~63 m² Total surface
  • ~55 m² Living area
  • Construction year 1950

Description

On one of Lisbon’s most iconic avenues, near Areeiro, this 63 m² apartment is awaiting complete renovation. Currently presented as a one-bedroom plus office/extra room, with potential to become a complete two-bedroom apartment, the property stands out for its versatile layout and adaptability to different lifestyles.

The apartment is part of an elegant 1950s concrete-framed building with modernist architecture. It is in excellent condition and preserves the character and identity of its period. Although classified as a basement, it features windows on both façades, facing east and west, providing good natural light and ventilation comparable to a ground-floor apartment.

Located on Avenida Gago Coutinho, just a 3-minute walk from Areeiro Metro station, with easy access to Avenida João XXI and Avenida de Roma, the property is surrounded by a wide range of shops, services, restaurants and public transport, allowing you to enjoy Lisbon with complete convenience.

The property also includes a parking space in the building’s courtyard - operated on a rotating-use basis with the other residents - an especially valuable amenity in such a central location. The EMEL car park, offering affordable rates for residents and located just 1 minute away, further enhances parking convenience.

A characterful, bright property with excellent potential for renovation in a prime location, ideal for those seeking a distinctive urban residence or a secure investment.

Features
Patio
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Engel & Völkers Lisboa MMC

Your advisor: Alexandre Luis

Property ID: W-04BT0D

Property details
  • Object type

    Flat

  • Rooms

    3

  • Bedrooms

    2

  • Bathrooms

    1

  • Floor

    -1

  • Number of Floors

    4

  • Parking spaces

    1

  • Total surface

    ~63 m²

  • Living area

    ~55 m²

Energy efficiency information
  • Construction year

    1,950

  • Energy efficiency class

    D

  • Energy certificate available

    Yes

Location: Areeiro, Lisbon

Areeiro is a distinguished, quiet neighborhood with a highly varied residential character, featuring works by several of the most important Portuguese architects from the first half and mid-20th century. It includes several distinctive small neighborhoods, such as Bairro de São Miguel and Bairro do Arco do Cego. Near Areeiro roundabout, designed by architect and urban planner João Faria da Costa and Luís Cristino da Silva, stands Bairro dos Actores, dating from the 1930s and almost unchanged in essence. It preserves its Art Deco character and includes one of the city’s most emblematic squares, Alameda, with its gardens and magnificent Luminous Fountain. Thanks to its central location, it offers excellent access and a full range of services, shops, and public transport.

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