A recently renovated 2+1 bedroom 3-bathroom townhouse in a prime location of Principe Real, close to the parliament building and Santa Catarina. Amidst the traditions of neighbourhoods of São Bento, Santa Catarina and the avant-garde Principe Real, this property is perfectly located and a pleasure to live in.
The elegant 187,00 m2 townhouse is divided into 3 levels and basement. The ground level comprises a generous living room with separate dining area by the open-plan kitchen and a guest bathroom. The basement houses the storage area, wine cellar and laundry. The sunny master bedroom and en-suite bathroom occupy the entire 1st level. This spacious en-suite bathroom with lots of natural light is eqipped with a free-standing bathtub and a walk-in shower. The 2nd level, houses the enormous guest bedroom with its own wood-burning fireplace and a guest bathroom. This level is currently being used as an additional leisure or living area, as it grants direct access to the adorable patio and decked terrace, which offer stunning views of the parliament building, bridge and Tagus River. The owners have added a small kitchenette on this level, which is very practical when entertaining guests.
The building actually has two separate entrances, so it can easily be converted into at least 2 smaller independent apartments, should you wish to rent out the property on a short-term rental basis. The basement area could potentially be used as an additional or 3rd bedroom. Hence, the “+1” bedroom description above. The specifications and building materials are top quality and no costs were spared to create this tastefully decorated family home. The property is also air-conditioned for added comfort.
The attractive Principe Real neighbourhood (named “Royal Prince” in honour of Queen Maria II’s first born child) extends north of Bairro Alto, and although it was once only known for its antique shops and bars, has now become an important shopping area, although it remains essentially a residential district, filled with gardens, a couple of the city’s most tranquil squares, and colourful mansions. The abundant charm has turned it into one of the most sought-after areas to live and rent in the central historical area of Lisbon.
The property is an excellent lifestyle choice, but that would comfortably generate rental income in excess of 60.000 € per annum, should you chose to rent out the property on a short-term rental basis. Please request a full investment dossier for this property if you intend renting out the property.
- Air Conditioning
- City Views
- Fully Fitted Kitchen
- Great for Investment
- River Views
- Storage space