Sunny 1-bedroom apartment with jaw-dropping city and river views, located on a tranquil pedestrian-only street, opposite the Santa Luzia Belvedere with its romantic terrace offering sweeping views of Alfama’s houses, numerous churches and the Tagus River.

 

The cafe on the terrace is a good place for a drink before visiting the Castle of São Jorge, just around the corner from the property. Other nearby sought-after landmarks include the Sé Cathedral, São Vicente de Fora church, National Pantheon, Santo Antonio church, Graça church and Belvedere, Roman Theatre and the decorative Arts Museum… all of which are just a short walk from the apartment.

 

The cozy south-facing apartment, located on the lower ground level of an historical building, is 60,00 m2 in size and is soldfully furnished. The property is currently being rented out on a short-term rental basis (tourists) and already delivering healthy rental yields, in excess of 10,00% per annum.

 

This is a “one-of-a-kind” location! Nestled on the hill of Alfama, with amazing river views and no more than 100 metresfrom the Castle entrance, this apartment is a perfect choice. An absolute “no-brainer investment” should one continue renting out the apartment on a short-term rental basis or, alternatively, choose to live in the property.

 

A rare business opportunity at just 190.000 € not to be missed

Property Features

  • Fully Furnished
  • Near to Castle entrance
  • River Views