Business Premises in Lisbon

€ 1,100,000 For Sale

TAPT01-653_MOM

Lisbon

Bairro Alto

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Description

Enter this piece of history that tells us the tradition of Lisbon on each of its walls. Set for a modern transformation in the iconic Bairro Alto, this distinctive property is located on the esteemed Rua da Barroca, presenting a rare blend of heritage charm and contemporary potential, boasting an approved project for expansion and renovation.

Spread over 376 square meters and covering three floors with the approved addition of another floor, this historic building offers a total of 5 apartments ranging from studios to two bedrooms, along with a commercial unit, presenting an exceptional investment prospect in the heart of Lisbon's vibrant cultural center.

Located among the cobbled streets of Bairro Alto, this property boasts a coveted address Rua da Barroca, famous for its eclectic mix of trendy bars, artisan shops, and cultural landmarks. With its central location, residents emerge into a bustling atmosphere with effortless access to the city's best attractions.

Characterized by having traditional facades and period features, it offers a unique setting and contemporary living.

Project Approved: With project approved for expansion, allows the addition of a floor to accommodate modern living spaces while preserving the historical integrity of the property.

The property's flexible layout encompasses 5 distinct apartments, catering to a variety of lifestyles and preferences, from cozy studios to spacious two-bedroom residences, ideal for urban dwellers and investors alike.

With an east-west sun exposure, it is possible to enjoy natural light throughout the day.

The property is ready to start building, having all the necessary approvals, offering an optimal context for those looking to innovate and quickly customize a custom-made residential or commercial development.

This property also represents an attractive investment opportunity in Lisbon's dynamic real estate market, offering the prospect of significant returns and long-term investment appreciation. Whether looking for a lucrative rental income stream or a residence of their own in the heart of the city, this property is ideal for discerning investors.

Official Mortgage Partner

Portugal Mortgage Brokers

Portugal Mortgage Brokers, licensed by the Bank of Portugal, are a free independent service working with all Portuguese banks. We specialise in offering mortgage information to residents and non-residents purchasing a property in Portugal, whether it be for a main residence, secondary home, investment, construction loan or renovation loan. We act as mortgage brokers to find you the most suitable and competitive mortgage program in the market. A simulation showing all costs is provided and an affordability check is carried out before submitting, we can then reach an official approval with the bank within 2 weeks of receiving your documents.

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