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A contemporary 1-bedroom 1-bathroom penthouse apartment, with all the frills, located on the 4th level of a modem building in the Lapa district, close to the Basilica da Estrela and Gardens.

The exclusive building (built in 2010) is equipped with multiple elevators, which run from the basement (parking) directly to the apartments. The superb finishing’s of the communal areas include, marble floors, surveillance system (CCTV), fire detection system, modern elevators and communal garden. The building also offers a reception and porter, who is on duty every weekday from 9 a.m. to 5 p.m.

This delightfully sunny penthouse is 70,05 m2 in size (living area), with an additional 34,15 m2 terrace, with great river views. The luxurious new-build property, comprises a south-facing living room, which leads off on to the huge wrap-around terrace, a generous bedroom (14,00 m2), fully fitted kitchen with high-quality appliances and a generous bathroom with walk-in shower and fitted with exotic marbles. The bedroom and kitchen have large windows, which overlook the communal gardens and neighbouring palace. These afford both divisions the same immense natural light, which flows into the apartment from the opposite side, where the living room is located.

The apartment also comes with one parking and storage space in the basement parking, which is an advantage for modern-day living and when renting out the apartment. The property is currently tenanted on a renewable one-year contract for 1.250 € per month, which translates to a healthy 4,29% long-term rental yield.

The location is great and offers excellent transport links to all destinations in Lisbon. The Lapa district, considered the sophisticated historical neighbourhood, great because it is where the “old money” is and where the bulk of the Embassies are located. Lapa would be comparable to the Kensington area, in London terms. The Estrela Gardens are just a short walk from the apartment and Campo de Ourique, is no more than 5 minutes away.

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Property Features

  • Central Heating
  • Elevator
  • Fully Fitted Kitchen
  • Garage
  • Garden
  • Parking
  • River Views
  • Security
  • South facing
  • Storage space
  • Tenanted
  • Terrace