12-unit village with short-rental license in the city centre

€4,700,000

26 Rooms
14 Bedrooms
19 Bathrooms
~915 m² Total surface
~642 m² Living area

Description

This is a one-of-a-kind villa located in the heart of Lisbon. The result of a careful and thoughtful renovation, this urban retreat blends traditional Portuguese architecture with contemporary, minimalist design—creating welcoming, elegant, and functional spaces. With an active Local Accommodation (AL) license and an exceptional rating on Booking, this property presents a unique opportunity for investors seeking a fully operational asset with proven and garanteed income. The villa comprises several independent units—single-storey houses, duplexes, and apartments—fully furnished and equipped, with air conditioning in every room, and ready to live in or monetize. Each space was designed to offer both comfort and privacy, preserving the authenticity of original materials and architectural details. Features such as private patios, terraces, high ceilings, and large windows enhance the natural light and charm of each unit. The property offers a range of layouts, from compact 35 m² houses to spacious apartments of up to 97 m², catering to different usage profiles—from couples’ getaways to ideal solutions for families or groups. In total, the villa comprises 12 independent units: 8 houses (including duplexes and studios) and 4 apartments.

Features

Air-conditioningGardenTerrace

Engel & Völkers Lisboa MMC

+351 210 200 490

Your advisor: Ana Seabra

Property ID: W-0309YW

Location: Arroios, Lisbon

This is predominantly a residential and commercial neighborhood. The houses maintain their original architecture, usually having a good size. Originating from family roots, this area concentrates traditional commerce - furniture stores, cafes, restaurants - but also reflects new trends. It is a very interesting neighborhood to live in, given its centrality, ease of access, public transport network, proximity to hospitals, schools, and police. Arroios has three recently requalified and modernized markets: Mercado 31 de Janeiro, Mercado de Arroios, with new restaurants at the entrance, and Mercado do Forno do Tijolo, which houses traditional commerce shops, a CTT – Correios de Portugal store, the Clodomiro Alvarenga reading room, the Joaquim Campos Sports Complex, consisting of the Piscina de Arroios, a multipurpose sports field, and a playground, as well as the Mercado de Culturas – a multifunctional space that hosts cultural projects.