Charming Building in Príncipe Real with Strong Investment & Upside Potential
This exceptional opportunity sits in the heart of Príncipe Real, just steps from the renowned Praça das Flores—one of Lisbon’s most desirable neighbourhoods.
The character-rich building is in good condition and ready for immediate use. It is held as an undivided asset under a single title, offering flexibility for investors seeking a straightforward acquisition structure.
The property suits both short-term rentals (such as Airbnb) and long-term investment strategies.
With a total area of 140 sqm spread across three floors, the property features a flexible and attractive layout:
– Current configuration:
– 2 units per floor
– 2 units currently tenanted (long-term leases)
– 3 units with private outdoor spaces (small terraces)
Beyond its existing income potential, the building offers further value-add and expansion opportunities, allowing investors to increase both area and returns, subject to the necessary approvals.
This is a rare chance to secure a versatile asset in a prime location, combining immediate yield with long-term appreciation and redevelopment potential.
Holding this building, renovating it, and eventually renting the long-term units short-term could value it at around 1.2 million in this location. This is an amazing opportunity to grow your wealth if you develop it properly over time.
Asking price: 850.000 €
Property Features
- Great Price
- High Yield
- Investment Potential
- One Title
- Premium Location
- Rare Building







































