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

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