Investment Opportunity | 3-Bedroom Apartment with Balcony for Renovation in Estefânia

€340,000
  • 4 Rooms
  • 3 Bedrooms
  • 1 Bathroom
  • ~100 m² Total surface
  • ~90 m² Living area

Description

We are pleased to present this three-bedroom flat in need of complete refurbishment: an excellent opportunity for anyone looking for a renovation project in one of Lisbon’s most sought-after areas.

The property is currently in its raw state, allowing for a fully bespoke project tailored to the needs of the future owner or investor. Its location is one of its greatest assets, situated close to Estefânia and Praça José Fontana, on a quiet street with little traffic, offering a peaceful residential atmosphere whilst remaining close to all kinds of shops, services, transport links and access routes.

Situated on the fourth floor of a building without a lift, the flat benefits from excellent natural light and two balconies. One of them runs along much of the property’s façade, serving several bedrooms and wrapping around the flat, creating a pleasant connection between the different spaces. The second balcony, facing the rear, offers a magnificent, unobstructed view over Lisbon, providing a privileged space from which to enjoy the urban surroundings.

With enormous potential for appreciation, this flat represents a unique opportunity for either a home or an investment, in a central and highly sought-after location in the city.

Features
BalconyOpen view
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Engel & Völkers Lisboa MMC

Your advisor: Victor Almeida

Property ID: W-04AFEW

Property details
  • Object type

    Flat

  • Rooms

    4

  • Bedrooms

    3

  • Bathrooms

    1

  • Floor

    4

  • Total surface

    ~100 m²

  • Living area

    ~90 m²

  • Flooring

    Wooden floor

Energy efficiency information
  • Energy efficiency class

    D

  • Energy certificate available

    Yes

Location: Arroios, Lisbon

Located next to Estefânia and Praça José Fontana, this flat is situated in one of Lisbon’s most central and sought-after areas, renowned for its excellent quality of life and proximity to all kinds of amenities.

The surrounding area combines the charm of traditional Lisbon architecture with a wide range of local shops, supermarkets, restaurants, cafés, schools, pharmacies and other essential services. Just a few minutes away are also several green spaces, such as the Jardim da Praça José Fontana, as well as some of the city’s most iconic areas, including Saldanha, Campo Mártires da Pátria and Avenida da Liberdade.

The area is very well served by public transport, with several metro stations and numerous bus routes nearby, providing quick connections to any part of the city. It also benefits from excellent access to the main motorways.

Despite its central location, the flat is situated in a predominantly residential area that is quiet and has little traffic, providing a peaceful and comfortable environment.

The high demand for this location, combined with its central position and the steady rise in property values, makes this an excellent option for both owner-occupation and investment.

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