A recently renovated corner building nestled on a tranquil road at the confluence of Bairro Alto, Santa Catarina and Principe Real, an ideal location for short-term rentals. This location is very quiet, which is another rare quality for this very trendy animated neighborhood that has all of Lisbon’s nightlife within a few minutes walk of the apartments.
The total build size is roughly 180,00 m2 and comprises 3 fully furnished delightful apartments, distributed from the ground to second level (duplex) of the historic building by the National Music Conservatory.
The ground level houses a beautiful spacious studio apartment, which is roughly 50,00 m2 in size and has high ceilings with amazing natural light. The first level houses a sunny 2-bedroom apartment and 2 full bathrooms and a fully equipped kitchen. The apartment is air-conditioned with several large windows, for the great Lisbon light. The second level is home to a charming 2-bedroom 2-bathroom duplex apartment with 80,00 m2. The apartment is air conditioned, fully renovated and furnished with contemporary items.
This beautiful penthouse apartment has a private roof top terrace, which is perfect for enjoying morning coffee or afternoon drinks with great views of the Lisbon city line.
The apartments are already on the short-term rental market and generating generous rental yields of 8,00% per annum. If you would like to obtain the comprehensive investment dossier for this property, please complete the relevant form below.
This is unquestionably an AA-rate location with the added advantage that this unique off-market opportunity comes with an existing rental track record, which means it can be acquired as an existing business.
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.
A unique opportunity to purchase an existing rental business in one of the most sought-after districts in historical Lisbon.
- 8-12% Yields ! Rare
- Air Conditioning
- City Views
- For Renovation
- Fully Fitted Kitchen