Building with three apartments for refurbishment in downtown Lisbon

€500,000

13 Rooms
10 Bedrooms
5 Bathrooms
~153 m² Total surface
~153 m² Living area
~65 m² Plot surface

Description

We present an unmissable investment opportunity in the heart of Lisbon! This 3-storey property, with a total gross floor area of 153m², is located in the prestigious Baixa de Lisboa, one of the city's most valuable and emblematic areas. Property features First and Second Floors: Each with 65m². Third Floor: 31m². Potential for Transformation The property is in a dilapidated state, requiring complete remodelling and reconstruction work. However, it offers extraordinary potential for those looking to create an exclusive project, in line with its excellent location. Privileged location In the historic centre of Lisbon, surrounded by shops, bars and tourist attractions. Just a 15-minute walk from Avenida da Liberdade, one of the city's most iconic streets. Unique Opportunity The price of this property is simply excellent for the location and potential it offers. You won't find another opportunity like this in the Baixa area of Lisbon! Whether you want to turn it into local accommodation, a small hotel or an exclusive home, this is the ideal time to invest and add value to your project. Contact us now for more information and to book a viewing!

Engel & Völkers Lisboa MMC

+351 210 200 490

Your advisor: Anne Valente

Property ID: W-02Y68Y

Location: Misericórdia, Lisbon

Parish that was born from the merger of the old parishes Mercês, Santa Catarina, Encarnação and São Paulo. From Bairro Alto and Príncipe Real to Cais do Sodré, there are countless points of tourist interest: the Glória and Bica lifts, the Ribeira Market, the São Pedro de Alcântara and Santa Catarina viewpoints and the bars, restaurants and nightlife in Bairro Alto and Cais do Sodré. Príncipe Real, a very central area, inserted in one of Lisbon's historic districts, is also a privileged area from the point of view of public spaces, being very close to Jardim das Flores and Jardim do Príncipe Real, equipped with a children's garden and terraces, theaters and universities. Bairro Alto is one of the oldest and most surprising neighborhoods in Lisbon (over 500 years old), with narrow, paved streets, century-old houses and small traditional shops. It has several bars, restaurants and "fado houses" and a unique atmosphere. A "trendy" neighborhood where secular houses merge with traditional commerce and leisure spaces, in a mix of colors and shapes. Santa Catarina is, like so many others, a neighborhood that is completely built on a hill. When talking about Santa Catarina, two spaces immediately come to mind: the Miradouro de Santa Catarina and Bica. Location with a variety of public transport, restaurants and picturesque places with esplanades and terraces with stunning views over the city of Lisbon and the Tejo River.