Baixa - Padaria 32 property for sale

€421,000 - €633,000 2 - 3 bedrooms

Padaria 32 consists of 10 apartments for sale in Lisbon, located in the central and popular neighbourhood of Baixa. Set in a quiet street, the 19th century building perfectly illustrates the typical architecture of the Portuguese capital. While keeping the structural walls and facades of the building (some of them are actually from São Jorge Castle), the building will be completely renovated reusing as many original features as possible such as the decorative tiles or the central roses from the ceilings. The 10 properties will blend tradition and modernity to meet today’s high standards of living.

The building will feature impressive 4 meter-high ceilings, providing a great amount of natural light while some of the apartments will enjoy beautiful views over the Tagus River. Ranging from 114 sqm to 152 sqm, the two and three ensuite bedroom apartments available will be entirely furnished, and the kitchen and bathrooms will be equipped with high standard brands.

The new properties for sale in Lisbon are located next door to Chiado, one of Lisbon's most exclusive neighbourhoods, famous for its numerous fashion boutiques, trendy restaurants and vibrant bars.

Even if set in a residential street of Baixa, the apartments are a few steps away from the myriad of restaurants, cafés, shops and taverns the area has to offer. Rua da Augusta, Baixa’s main attraction, is easily reached thanks to the Santa Justa lift. 

These renovated properties for sale in Lisbon represent an ideal opportunity for international investors interested in long or short term rental with a rental yield estimated between 5.5% and 6% gross. Some of those apartments for sale are eligible for the golden visa programme.  

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About Baixa

About Baixa

​Think Baixa, think grand architecture, monumental squares and a busy commercial hub. Descending from nearby Chiado via the Elevador de Santa Justa, Baixa unfolds in a rectilinear street grid down towards the riverfront, a rarely relenting energy coursing through its veins. Rua Augusta, one of Baixa’s main attractions, is to Lisbon what Covent Garden is to London, its mosaic-ed pedestrianised walkways alive with outdoor cafes, tiled Art Deco shop-fronts, flower shops, terraced...

Buying guides


These deals have been sourced by French Private Finance, the UK's leading France only mortgage broker.

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