Investment Opportunity in São Vicente – Apartment and Shop

€670,000
  • 5 Rooms
  • 2 Bathrooms
  • ~138 m² Total surface
  • ~138 m² Living area

Description

Excellent investment opportunity on Rua da Senhora da Graça, in São Vicente, Lisbon, comprising the sale of an apartment on the first floor and a shop on the ground floor of the same building.

The approximately 70 m² apartment consists of 5 rooms, 2 bathrooms and a terrace ideal for social gatherings. The property benefits from excellent sun exposure and abundant natural light, and already has double-glazed windows installed. It requires completion works and interior renovation, allowing the future owner to finish and adapt the space to the intended project. Given its layout, it offers significant investment potential, particularly for creating rooms for students.

The ground floor contains the shop, comprising 3 rooms and 1 bathroom. The shop requires complete renovation, with comprehensive work needed to restore and adapt the space to the future owner’s needs and the activity to be carried out there.

The joint sale of both properties represents an opportunity for anyone seeking an investment project with potential for appreciation, enabling the development of residential space on the first floor and commercial space on the ground floor. An excellent option for investors seeking properties with transformation and appreciation potential in a traditional area of Lisbon.

Features
Terrace
engel & völkers shop image

Engel & Völkers Lisboa MMC

Your advisor: Julia Hermeto

Property ID: W-04B13W

Property details
  • Object type

    Flat

  • Rooms

    5

  • Bathrooms

    2

  • Number of Floors

    3

  • Total surface

    ~138 m²

  • Living area

    ~138 m²

  • Flooring

    Tiles

Energy efficiency information
  • Energy certificate available

    Yes

    Location: São Vicente, Lisbon

    São Vicente is a neighborhood of old houses, with residents who were born and grew up there, but also with some new young people who seek the center of the city. It is a district that is almost entirely on a hill, thus creating high points with privileged views over the old town and Tagus river. Here, next to the river, we find one of the most pleasant areas of Lisbon, the Cais da Pedra, where are some of the most trendy restaurants in town, frequented by a sophisticated public, either day or night. Here, everything transmits tranquility and well-being.

    In this parish are some of the most typical areas of the city such as Sapadores, São Vicente de Fora e Graça, one of the most  beautiful and oldest neighborhoods in the capital. With a curious mixture of cosmopolitanism and rurality,  the area is known and wanted for its viewpoints, where you can enjoy the most beautiful  views over the city. It is also one of the tourist and historical sites of the city with varied  shopping streets with traditional shops. 

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