Charming Property with Potential in Campo de Ourique

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.