Private Introduction · Portugal
Property in Lisboa — €1,800,000.
Building for full rehabilitation, with 540 sqm of gross construction area, located in Príncipe Real, Lisbon.The corner building comprises 4 floors, distributed as follows: ground floor, 1st, 2nd, and 3rd floors.The project, approved in 2024 and awaiting license renewal under Article 72 of the RJUE, based on the already approved project, foresees the following configuration:Ground floor: one commercial unit with 220 sqmFloors 1, 2, and 3: 5 residential units, distributed as follows:1st floor: studio apartment (45.68 sqm) and 1+1-bedroom apartment (66.33 sqm)2nd floor: 1-bedroom apartment (52 sqm) and 1+1-bedroom apartment (66.20 sqm)3rd floor: 1-bedroom apartment (74.25 sqm) with four terraces (11.17 sqm)The building benefits from excellent natural light, with south/west orientation, and features high-value architectural elements such as decorative ceilings and high ceiling heights, giving it strong identity and distinctive potential.Príncipe Real is known for the tranquillity of its gardens and viewpoints, including Jardim and Miradouro de São Pedro de Alcântara. Located 500 meters from Bairro Alto, the Botanical Garden, Hospital de Jesus, the British Council, and the National Conservatory. 1 km from Chiado, ISEG – Lisbon School of Economics & Management, and IADE – Creative University. 2 km from Lycée Français Charles Lepierre and Amoreiras Shopping Center. 500 meters from Largo do Rato and Baixa-Chiado metro stations, 5 minutes driving distance from access to the A5 (Estoril, Cascais, Sintra) and A2 (South, bridge and Algarve), and 20 minutes driving distance from Humberto Delgado Lisbon Airport.
Why This Opportunity
Located in Lisboa, Lisboa, Portugal — a sought-after part of the market.
On the market at €1,800,000.
Layout up to 540 m².
Includes gym.
The Area
Getting around
Aeroporto Humberto Delgado (Lisbon Airport)
Portugal's main international airport, within the city [approx 15-20 min by car / 7 km]
Estação do Oriente
Major intercity rail, metro and bus interchange at Parque das Nações [central hub]
Metro de Lisboa
Four-line city metro network linking the centre, airport and river [citywide]
Nearby
Torre de Belém & Mosteiro dos Jerónimos
UNESCO World Heritage Manueline landmarks on the Tagus [approx 6 km west of centre]
Castelo de São Jorge
Hilltop Moorish castle overlooking the old town and river [Alfama, city centre]
Praça do Comércio
Grand riverside plaza and gateway to the Baixa district [city centre]
Time Out Market (Mercado da Ribeira)
Landmark food hall and market by Cais do Sodré [central]
Schools
Lycée Français Charles Lepierre
French curriculum, ages 3-18, in the city [central Lisboa]
Deutsche Schule zu Lissabon (Colégio Alemão)
German-Portuguese bilingual curriculum, ages 3-18 [Lisboa]
Universidade de Lisboa
Portugal's largest university, multiple city campuses [Cidade Universitária]
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