The recently renovated 2-bedroom 2-bathroom apartment located on the 1st level of a character building, opposite a renowned VXII century palace in Santa Catarina, was cleverly converted into 2 self-contained apartments for maximizing rental yields and diversifying exit strategies, given that the apartment has two separate entrances.
The studio is around 20,00 m2 and the 1-bedroom is around 40,00 m2 in size. It is one single title deed, so for all intents and legal purposes it is one single apartment.
The alive and dynamic Santa Catarina neighbourhood makes one feel at home and a pleasure to live in. This location, amidst the traditions of Bica, São Bento and the avant-garde of the Bairro Alto and Principe Real neighbourhoods, is perfect for both long and short-term rentals.
The best traditional materials were used for the comprehensive renovation works (carried out in 2014) to guarantee an efficient thermal and acoustic isolation. The property was physically divided into two self-contained apartments, i.e. a 1-bedroom apartment at the back of the property and a smaller studio apartment facing the main street below. The apartments cannot be sold separately, as they form part of the same property, i.e. there is only one title deed.
The studio apartment facing the main road had two balconies overlooking the street below, dotted with traditional restaurants, shops and coffee shops. From here one can contemplate the renowned tram (28 route) as it makes its way to Chiado, no more than 800 m away. The 1-bedroom apartment facing the back of the building has large windows which afford the apartment immense natural light.
This “no-brainer” location is perfect! No more than a 5-minute stroll from the avant-garde Bairro Alto or sophisticated Chiado… between a rich past and a promising future… where it’s all going one in Lisbon.
An excellent investment opportunity which will not be available for very long!
- 2 apartments for 1