£624,664
Block of flats for sale
Property photos
£624,664
€738,000 (€408/sq. ft)
Block of flats for sale
Belém, Lisboa, Portugal1,808 sq. ft
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Local area information
Property location
Nearby amenities
Features and description
Building in Full Ownership in Belém - With Active Short-Term Rental and Income Potential
Excellent investment or owner-occupancy opportunity on Rua Alexandre de Sá Pinto, in the heart of Belém. This is a classic 1929 building in full ownership, with an active Short-Term Rental (str) registration on the 1st and 2nd floors, currently operating as short-term rentals (under a company name). The ground floor consists of an apartment requiring complete renovation, offering significant potential for value appreciation.
Project Versatility:
Subdivision Project: A project for converting the building into 3 independent units was submitted earlier this year.
Mixed Model (Live + Earn): Live on the ground floor and maintain str operations on the upper floors, generating monthly income capable of covering mortgage payments.
Single-Family Home: Option to transform the entire building into a private residence in one of Lisbon's most prestigious neighborhoods.
Current Layout:
Ground Floor: Apartment requiring complete renovation. A "blank canvas" to create your home, an independent apartment, or a leisure area.
1st and 2nd Floors: Currently operating as short-term rentals (str), allowing immediate profitability from day one.
Location and Surroundings:
Within walking distance of the Tagus riverside area, major museums, and cultural attractions in Belém.
Area served by public transport, renowned restaurants, and retail (Pingo Doce supermarket within short distance).
Free parking along the entire street.
A rare opportunity in today's market to acquire an entire building in a high-demand area with guaranteed appreciation potential.
Additional Information:
Multilingual Support: I speak English, Portuguese, and French, and offer full personalized assistance throughout the entire purchase process.
Partnerships: I share commission with all agencies holding valid ami licensing.
Viewings: Available for in-person or virtual visits.
Interested?
Contact me today for more information or to schedule your visit!
#ref: 997212
Excellent investment or owner-occupancy opportunity on Rua Alexandre de Sá Pinto, in the heart of Belém. This is a classic 1929 building in full ownership, with an active Short-Term Rental (str) registration on the 1st and 2nd floors, currently operating as short-term rentals (under a company name). The ground floor consists of an apartment requiring complete renovation, offering significant potential for value appreciation.
Project Versatility:
Subdivision Project: A project for converting the building into 3 independent units was submitted earlier this year.
Mixed Model (Live + Earn): Live on the ground floor and maintain str operations on the upper floors, generating monthly income capable of covering mortgage payments.
Single-Family Home: Option to transform the entire building into a private residence in one of Lisbon's most prestigious neighborhoods.
Current Layout:
Ground Floor: Apartment requiring complete renovation. A "blank canvas" to create your home, an independent apartment, or a leisure area.
1st and 2nd Floors: Currently operating as short-term rentals (str), allowing immediate profitability from day one.
Location and Surroundings:
Within walking distance of the Tagus riverside area, major museums, and cultural attractions in Belém.
Area served by public transport, renowned restaurants, and retail (Pingo Doce supermarket within short distance).
Free parking along the entire street.
A rare opportunity in today's market to acquire an entire building in a high-demand area with guaranteed appreciation potential.
Additional Information:
Multilingual Support: I speak English, Portuguese, and French, and offer full personalized assistance throughout the entire purchase process.
Partnerships: I share commission with all agencies holding valid ami licensing.
Viewings: Available for in-person or virtual visits.
Interested?
Contact me today for more information or to schedule your visit!
#ref: 997212
Floor plans and tours
Floor plans
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Tours (1)
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Step inside the property with a virtual tour or video walkthrough.
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Listed by
IAD PORTUGAL S.A.
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