Character T3+3 With Terrace In Central Lisbon

Charming 3-Suite Apartment with Terrace for a Great Price

Charming apartment next to Marquês de Pombal, in a central, highly convenient location for living and investing in Lisbon.

Renovated in 2017, the property retains the elegance of traditional Lisbon architecture. Its most distinctive features include generous ceiling height, ornate plasterwork, large windows, and exceptional natural light, creating bright, elegant, and welcoming interiors.

The apartment offers a carefully designed layout with a spacious living and dining room, a separate kitchen, and three suites, each with a private bathroom and fitted wardrobes or a dressing area. This configuration ensures comfort and privacy, making the property equally suitable as a family home or for different rental strategies.

The apartment also benefits from a pleasant, secluded private terrace—an increasingly rare feature in this part of the city and an ideal setting for outdoor dining, reading, or simply relaxing.

Since its renovation, the property has been used for short-term tourist rentals. This continued use highlights its natural appeal as a rental investment, supported by a highly sought-after three-suite layout, good accommodation capacity and a central location. It could also suit medium- or long-term rentals, particularly for families, relocated professionals, or the corporate rental market.

After several years of tourist use, the apartment shows some natural wear and would benefit from maintenance and cosmetic updating—some TLC to restore the full appeal of the 2017 renovation. It therefore represents an excellent opportunity to personalise and add value to a characterful property with generous spaces and architectural details that are increasingly difficult to find.

Rua de Conde de Redondo sits strategically between Estefânia, Picoas and Marquês de Pombal, within easy reach of Avenida da Liberdade and Lisbon’s historic centre. The surrounding area offers a wide range of shops, supermarkets, restaurants, cafés, schools, hospitals, and everyday services, plus excellent public transport connections. Picoas and Marquês de Pombal metro stations are both within walking distance, making it easy to live without a car.

An attractive opportunity with two equally compelling possibilities: creating a characterful home in central Lisbon or repositioning a property with strong income-generating potential.

Asking price: 580.000,00 €

Features:

120,00 m2 build size + terrace

3 Suites

3 Bathrooms

Built-in wardrobes

Terrace

Pre-installation for AC

Fully equipped kitchen

Property Features

Map