Description
Vacant Building with Approved Project in Alfama
Discover this vacant building with an approved project in Alfama, one of the most emblematic and traditional areas of Lisbon. With a total area of 184 sqm spread over four floors, this property represents an excellent investment opportunity in the city's historic heart, combining Alfama's typical charm with a modern and functional project already approved and ready for licence payment.
This vacant building with an approved project in Alfama, with a total area of 184 sqm, is distributed over four floors that include both residential and commercial spaces. The approved project features, on the ground floor, a shop of 51 sqm, ideal for a small business, gallery or restaurant, adding vibrancy and profitability to the area. The first and second floors are designed for two one-bedroom flats (45 sqm each), perfect for residential use or short-term rental, while the third and fourth floors comprise a two-bedroom duplex flat (99 sqm) with a terrace, offering a unique view over Alfama and an exclusive atmosphere in the city centre.
Features:
- Total area: 184 sqm distributed over 4 floors
- Ground floor: shop (51 sqm)
- 1st floor: one-bedroom flat (45 sqm)
- 2nd floor: one-bedroom flat (45 sqm)
- 3rd and 4th floors: two-bedroom duplex (99 sqm) with terrace
- Approved project and licence ready for payment
- Ideal for investment in short-term rental or residential leasing in one of Lisbon's most touristic neighbourhoods, with excellent potential for appreciation
- Vacant building with structure in good condition
- Modern project in harmony with the traditional architecture
- Terrace with views over Alfama
Alfama is Lisbon's oldest district and one of the city's most traditional. It is known for its narrow, winding streets, the colourful clothes hanging from windows, the neighbours chatting at their doorsteps, and the viewpoints that offer stunning vistas over the River Tagus and Lisbon's rooftops.
The neighbourhood of Fado houses par excellence, Alfama is also home to old Portuguese grocery shops and cosy taverns, charming tiled facades, leaning buildings, churches, courtyards and fountains. Its name in fact derives from the Arabic Al-Hama, meaning 'baths' or 'springs.'
Energy Rating: Exempt
