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1 200 000 €
Building in São Vicente, LisboaLisboa, Lisboa
Building in São Vicente with multimedia
342 m²
Energy efficiency
In the heart of Santa Clara, just steps away from the iconic Feira da Ladra, emerges a rare opportunity to acquire an income-producing building in one of Lisbon’s most genuine, historic, and up-and-coming neighbourhoods. With a discreet yet imposing presence, this property combines character, immediate profitability, and a value-growth potential that only assets of this nature can offer. With 342 m² of Gross Private Area, distributed across the ground floor and three additional levels, the building houses eight independent apartments, each ranging between 42 and 45 m². Its traditional timber-frame construction (tabique) preserves Lisbon’s architectural identity while offering flexibility for future improvements. The general condition of the units is reasonable; several have already undergone enhancements, and two apartments were fully renovated for short-term rental (AL). This allows the building to maintain stable performance today while opening the door to requalification projects that could significantly increase its capital value. The property also includes a courtyard, a rare privilege in the area and a key differentiator for future optimisation strategies. The building is fully rented, ensuring a solid income stream from day one. There is also considerable room for improvement, as the current rents are low and can be updated with new lease agreements. • 7 apartments have traditional rental contracts, ending during 2026. • 1 apartment has a lifetime lease, but may allow for a negotiated termination. Santa Clara is one of Lisbon’s most fascinating and still undervalued neighbourhoods — until now. Located between Alfama, Graça, and São Vicente, Santa Clara is undergoing an elegant transformation, driven by: • Proximity to Feira da Ladra, the National Pantheon, and Campo de Santa Clara • Quiet streets, authentic atmosphere, and vibrant cultural identity • Growing residential and tourist demand • Quick access to the historic centre and transportation links It is a location where the charm of the past meets the dynamism of the present — and where the most perceptive investors are already focusing their attention. Beyond the immediate income, this building offers strategic medium- and long-term opportunities: • Phased refurbishment, increasing both value and profitability • Improvements in energy performance and comfort, enhancing desirability • Potential future reorganisation of layouts, respecting the urban context • Capitalising on the continuous appreciation of the Santa Clara area This is an asset that supports both a conservative, stable-income approach and a more dynamic strategy oriented toward sustained growth and long-term appreciation. This is more than a building. It is a strategic asset in a neighbourhood with strong identity, in a city experiencing ongoing expansion, with guaranteed income, eight independent units, and a value-growth potential perfectly aligned with Lisbon’s market trends. A unique opportunity for investors. An asset with history — and a future. ;ID RE/MAX: 126621009-8
Additional link:https://remax.pt/126621009-8