Renovation of an impressive 5-storey building located in Lisbon’s Baixa district. Comprised of 2 shops on the ground floor and 12 apartments on the upper floors. Due to its extraordinary location and typologies (Studio, 1- and 2-bedroom), this building was conceived from the outset to operate under a short term rental regime.
Featuring excellent finishings, including marble bathrooms, construction was completed at the end of 2014. It was fully sold in the 3rd quarter of 2015.
The Baixa Pombalina district is the area in Lisbon most sought out by international tourists, and has therefore experienced a sharp increase in value, with this type of buildings currently receiving short stay occupancy rates above 80%.
Walking distance from the city’s main tourism and retail areas (Rossio, Avenida da Liberdade, Chiado, Bairro Alto, Alfama, São Jorge Castle, Lisbon Cathedral, Terreiro do Paço, Cruise Ship Terminal, etc.).
Location: Downtown (Lisbon)
Nº of units: 12
Typologies: T0, T1, T2
Commercial areas: 2
Storeys above ground: 6
Gross construction area (GCA): 2.085 sqm
Purchase of the building: 3th of quarter 2014
End of construction (forecast): 2015
Current stage: sold
