€5,307,500

Detached house for sale in Restelo, in need of complete renovation, located on one of Lisbon's most exclusive and peaceful avenues, with views of the Tagus River and the Belém Tower.

Set on a plot of land measuring approximately 1,500 m², this single-family home spans 600 m² across five floorsone of which serves as a basement and another as a viewing deckand offers the potential to expand its living area by an additional 400 m². The property could also be converted into a hotel with 50 guest rooms.

Built atop the same rock formation that supports the Belém Tower, this home is situated in a chic area of Lisbon that offers a high quality of life and is also home to the headquarters of dozens of embassies from a wide variety of countriesmore than valid reasons for making this an excellent investment opportunity.

With good road access and well-served by public transportation, this area between Belém and Restelo features ample green spaces, invites pleasant walks along the Tagus River, and is close to the Belém Cultural Center, the Jerónimos Monastery, and various restaurants.

Infante & Riu - Portugal Real Estate is a real estate agency based in Chiado, operating in the residential market in the prime areas of Greater Lisbon since 2014. We specialize in the sale of new or resale properties, for living or investment purposes, including apartments, villas, and retail spaces, as well as country estates and farms around Lisbon. We are able to assist both national and international Buyers.
Energy Rating: Exempt
#ref:MOR 2125