Description
- Gross Construction Area: ~500 sqm
- Condition: Excellent (full refurbishment in 2017)
- Licenses: 7 active AL (Local Lodging) licenses
- Floors: Ground + 3
- Composition: 7 apartments + 1 shop
- Typologies & areas: 3×Studio (~45 sqm), 3×1-Bedroom (~65 sqm), 1×2-Bedroom (~75 sqm)
Equipment / Finishes (units):
- Fully fitted kitchens (hob, oven, fridge, microwave, coffee machine, dishwasher, toaster)
- Bathrooms with shower tray; living and dining area in all units
- Some units with patio, terrace or balcony
- Soundproofing and contemporary design; facade redone with traditional tiles
- Common areas: shared WC and laundry
Operating Performance (indicative):
- Approx. RevPAR: €94
- Current annual revenue: ~€240,000
- Estimated gross yield: ~7.65%
- In steady operation with high occupancy; additional upside via pricing and channel optimization
Prime Location:
- Bairro Alto, steps from Praca Luis de Camoes / Chiado
- Near Baixa-Chiado metro and underground parking
- Close to Time Out Market, Rossio Station, restaurants and retail
- Airport ~7 km (direct metro access)
Asset Highlights:
- Turn-key product with operating track record and high occupancy
- Balanced unit mix (studios, 1-bed and 2-bed) maximizing ADR/occupancy
- Recent refurbishment (2017) with strong aesthetic appeal and low immediate CAPEX
- Versatile alternative: short/mid-term (corporate/students) according to investor strategy
Ideal for:
- Short-term rental operators and family offices
- Institutional or private investors seeking stabilized income with optimization potential
- Core / core-plus strategies in prime Lisbon locations
Notes:
Transfer of AL activity/licenses is subject to applicable national and municipal regulations at the time of sale. Operational and financial documentation available for due diligence.
Contact us for detailed information, documentation and to schedule a viewing.
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Any doubt, just call us.
NOTE: We make partnership and sharing with all professional real estate agents.
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ABOUT LT REAL ESTATE
At LT Real Estate, we prioritize DISCRETION, commit to operating with EXCELLENCE, and bestow DISTINCTION.
Founded by Marisa Guedes and Bruno Queiros, LT Real Estate was established with the intention of solidifying itself as a benchmark of excellence in the highly selective Premium/Luxury Residential Market and in the sophisticated realm of Investments.
Exclusivity, promptness, and meticulousness in service are the most significant pillars that underpin the essence of our brand.
At LT, our dedication is directed with care towards each client, focusing on the sublime goal of establishing lasting relationships and ensuring maximum satisfaction for our clients.
'The true essence of luxury is revealed in every meticulous detail. Luxury is not a privilege; it is a business strategy.'
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