Exceptional Investment Opportunity in Alfama – Duplex with AL License & Garage
Key Highlights:
• Prime Location: In the heart of Alfama, Lisbon’s most iconic neighborhood. Located on a main street with limited car access. Backs onto a picturesque, traditional alley – the perfect Lisbon postcard!
• Unique Property: Ground-floor duplex with private garage – a rare find in Alfama!
Renovation-Ready:
• Currently configured as a large T1 with an upstairs office.
• Potential to convert into a 3 or even 4-bedroom apartment – ideal for maximizing short-term rental income.
• Structural reinforcements (anti-seismic), new plumbing and electrical installations are already completed.
• Only the top floor needs finishing – layout, partition walls, and finishes (no heavy work required).
Flexible Layout Options:
• 3 Bedrooms + Garage – maintain garage and add value for guests with cars.
• 4 Bedrooms – maximize sleeping capacity and revenue by transforming the garage space and closing one entrance.
• Split into 2 Apartments – possible to divide the duplex and create two independent rental units, boosting yield.
Short-Term Rental (AL) Potential:
• Located in a high-demand Airbnb zone with strong occupancy rates and excellent ROI potential.
• Surrounded by restaurants, fado houses, viewpoints, and cultural landmarks – a magnet for tourists.
• Minutes from Santa Apolónia station (metro, train, and taxis) – top-tier connectivity for guests.
Investors, this is your chance to own and optimize a gem in Alfama.
Contact us today to schedule a visit or discuss the transformation potential in detail.
