Lisbon, Lisbon, Portugal
- BATHROOMS
1
- SIZE
15,640 sq ft
1,453 sq m
Key features
- Surface 1453m2
- Lift access
Description
Prime Investment Opportunity in the Heart of Lisbon
A rare investment opportunity in the very heart of Lisbon, just steps away from Avenida da Liberdade, one of the city’s most prestigious and sought-after locations, with PIP (prior planning approval) granted.
The building currently offers 1,207 sqm of built area, distributed across five floors served by an elevator, and is fully operational. It comprises:
A fully operating hostel with 32 rooms, generating an annual income of €120,000, plus an additional €60,000;
A restaurant with mezzanine, outdoor seating and two independent entrances, producing an annual rent of €84,000.
The total annual income amounts to €264,000, providing a solid foundation of immediate and stable yield.
The hostel lease runs until September 2026, with renewal potential, while the restaurant operates under an annually renewable contract.
The key value driver of this asset is the approved PIP, allowing expansion to a total gross construction area of 1,820 sqm. The project foresees the development of eight high-end residential units, all with balconies and/or terraces:
2 × One-bedroom apartments
1 × Two-bedroom apartment
1 × Two-bedroom duplex
3 × Three-bedroom apartments
1 × Four-bedroom duplex
This asset uniquely combines secured income in the short term with strong capital appreciation potential, located in one of Lisbon’s most iconic and exclusive districts.
An outstanding opportunity aligned with the highest international market standards, ideal for investors seeking security, prestige, and sustainable long-term growth.
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Lisbon, Lisbon, Portugal
NEAREST AIRPORTS
Distances are straight line measurements- Lisbon(International)2.9 miles
Advice on buying Portuguese property
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Notes
This is a property advertisement provided and maintained by Porta da Frente Christie's, Portugal (reference 28052410-13071) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.