Charming Property with Potential in Campo de Ourique
- 13 Rooms
- 8 Bedrooms
- 2 Bathrooms
- ~280 m² Total surface
- ~280 m² Living area
Description
Real estate asset with approximately 280 m² of gross area, located in a prime area of Lisbon, in the vicinity of Jardim da Estrela, benefiting from a consolidated urban setting and high attractiveness.
Set within a late-19th-century building, in good condition and with a recent intervention on the rear façade, the property preserves original architectural elements of heritage value, such as decorative plasterwork, period woodwork and high ceilings—features that enhance rehabilitation projects with premium positioning.
The unit requires full refurbishment and currently has an extensive layout comprising several rooms, a separate kitchen, service areas, eight bedrooms, additional rooms, a balcony and two full bathrooms. The window frames were recently replaced with double-glazed solutions, partially reducing the investment required in terms of the building envelope.
Due to its physical characteristics—namely area, volume and configuration—the asset offers high flexibility for repositioning and is suitable for different strategies, including high-end residential use, office premises or a corporate headquarters, as well as alternative solutions such as co-living or serviced apartments, subject to the applicable legal framework.
The location is underpinned by solid fundamentals, with consistent demand and limited supply, benefiting from proximity to key areas such as Estrela, Lapa, Campo de Ourique and Amoreiras, as well as easy access to Avenida da Liberdade and the riverfront. The surroundings offer a diverse range of retail, dining and services, along with good accessibility and additional appreciation potential with the future Estrela metro station.
This is a value-add asset, particularly suited to investors seeking value-creation opportunities through refurbishment and repositioning, in a central, established location with high liquidity.
- Object type
Flat
- Rooms
13
- Bedrooms
8
- Bathrooms
2
- Total surface
~280 m²
- Living area
~280 m²
- Energy efficiency class
D
- Energy certificate available
Yes
- Energy certificate type
Consumption certificate
Location: Campo de Ourique, Lisbon
In the streets of Campo de Ourique lies one of Lisbon’s neighbourhoods with long-standing traditional spots, such as the market and typical cafés, alongside more modern ones, like an organic supermarket and gourmet restaurants. Over time, a number of fabric and home décor shops have emerged and today it is one of the favourite places for many decorators and designers. Campo de Ourique is a relatively quiet area, with green spaces and streets that invite long walks. At the weekend you will find parents and children playing in Jardim da Parada and ladies on their way to Mass, dressed appropriately. The people who live here like to preserve their neighbourhood, and anyone who visits won’t want to leave!
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Engel & Völkers Lisboa MMC
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