Building, Lisboa

Building in Alfama – An Excellent Investment with AL License!

In the heart of Lisbon’s historic centre, within one of its most emblematic and authentic neighbourhoods, set among traditional cobbled streets and the timeless charm of São Vicente, this rare opportunity emerges:

Exclusive building in the Castelo area, with a private gross area of 198 sqm. This pre-owned property represents the perfect balance between tradition, income potential, and a prime location.

The apartments are fully furnished and equipped, and are sold as they are, ready to continue operating as Local Accommodation (AL) or for another type of rental.

Its flexible layout allows for a variety of refurbishment and investment strategies. With an energy rating of C, the property offers outstanding potential for renovation, short-term rental, or even conversion into a charming private residence.

This building represents a secure investment for those seeking profitability in one of the areas most sought after by tourists and international residents.

Without a lift, the building comprises 3 residential floors, with one apartment per floor, plus a commercial unit on the ground floor, totalling a Gross Private Area of 198 sqm:

Layout:

1st Floor – 51 sqm

2nd Floor – 51 sqm

3rd Floor – 51 sqm

Ground Floor / Shop – 45 sqm

Located in the neighbourhood where everything happens, Alfama is distinguished by its unique atmosphere, defined by narrow streets, winding alleys, historic corners, Fado music, tradition, and vibrant local life. The area offers strong traditional commerce, typical restaurants, cafés, and several viewpoints with breathtaking views over the Tejo River.

This is a district of immense historical and cultural value—a must-see destination for any visitor—ensuring consistent demand throughout the year.

Discover Lisbon like never before.

This is your opportunity to secure an investment in one of the city’s most desirable locations and one of its most iconic and charismatic neighbourhoods.