€1,300,000

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Building for Complete Renovation in the Heart of Alfama 425 m²

Located in the iconic Largo do Chafariz de Dentro, just a few steps from the Fado Museum and the riverfront, this building is available for purchase in its entirety—a rare opportunity in one of Lisbon’s most authentic and sought-after neighborhoods.
Located in the heart of Alfama, a neighborhood with a vibrant mix of tourism and residential life, this property stands out for its size, balanced layout, and high potential for appreciation following renovation.

Property Features
• Gross floor area: 425 m²
• Lot area: 85 m²
• Construction: 5 stories above ground
• Ground floor zoned for commercial use – Restaurant (currently leased)
• 4 residential floors (1 unit per floor) – Easily convertible into excellent 1- or 2-bedroom apartments.

Appreciation Potential
The building allows for a complete renovation with strategic repositioning, offering the possibility of:
• Layout optimization
• Reorganization of vertical circulation
(always subject to technical validation and urban planning regulations)

Strategic Location
• Just minutes from Lisbon’s riverfront
• Close to Santa Apolónia Station (metro and train)
• High tourist traffic (walking distance from monuments and attractions)
• Established historic district with national and international demand

Investment Opportunity
In a market where properties of this size in Alfama are becoming increasingly scarce, this building represents an excellent opportunity for developers and investors focused on:
• Urban renewal
• Sale of individual units

This opportunity is reserved for qualified contacts—please contact me for more information and to receive the technical dossier.
#ref: 803496