6 Bedroom House Pending Renovation

Belem, Lisbon, Portugal

Pending Renovation
6 bedrooms
€2,300,000

Desembargador House

Interior: 601m²
Exterior: 359m²

Set in noble Belém, close to the promenade, this well-located house will be a fantastic project for those seeking a property to renovate in the capital. An ideal family home, the property offers lots of outdoor living space and retains many of its original architectural details such as its beautifully tiled facade.

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ABOUT THE LOCATION

Rising from the edge of the Tagus River and bordered by the beautiful Parque Florestal de Monsanto, Belém is home to some of the city’s most iconic landmarks including two UNESCO World Heritage Sites: Torre de Belém and the Mosteiro dos Jerónimos. The neighbourhood also has a fantastic selection of restaurants, museums and beautiful green spaces for enjoying Lisbon’s wonderful climate. Extremely well-located, this house is a stone’s throw from the Palácio Nacional de Belém and a good selection of shops and eateries close by including the legendary Pastéis de Belém where you can sample the best custard tarts in the city.

About The Property

This stunning house presents a unique opportunity for renovation enthusiasts to create their dream home in one of Lisbon's most sought-after neighbourhoods. Brimming with charm, the property features a traditional facade adorned with 19th-century tiles, showcasing the rich historical heritage of the area and adding character to the house.

The property spans 600 sqm across two floors and has endless possibilities with multiple rooms that can be transformed into cosy bedrooms, inviting living areas or functional workspaces. The property is flooded with natural light thanks to high ceilings and French doors that open up to Juliet balconies.

One of the most remarkable features of this property is its expansive garden area with mature trees. A very sought-after asset in the city, the garden offers a serene retreat, perfect for relaxing or hosting memorable gatherings with family and friends.

There is also an annexe with a bathroom which could be used as a garage for parking or additional storage space.

Investment Potential

While the property requires renovation, it presents an incredible opportunity for those with a vision. Whether you're looking to restore the house to its former glory, embrace a contemporary design, or create a unique blend of both, the potential is limitless. The existing architectural elements, such as the 19th-century tiles, provide a strong foundation to build upon and add a touch of historic charm to your revitalized home.

Although prices in Belém are higher than in other neighbourhoods in the Portuguese capital, it continues to offer lower prices compared to other European capitals with a very balanced cost of living. In general, anyone who invests in real estate in Belém can expect an excellent rental income.

ADVISERS’ OPINION

In a highly desirable neighbourhood, this charming house will be a fantastic opportunity for those seeking a property to renovate into their dream home.

Why Invest

Great location in noble Belém
Major international schools opening
Undersupply of luxury offerings
Lack of stock in Lisbon for luxury homes
Amazing renovation project

Local Insights

The nearest beach is just 8 mins away
15 mins' drive from Av. da Liberdade
Ideal family life & strategic location for commuting between beach, workplace and airport
Direct train to Cascais

ENQUIRE ABOUT THIS PROPERTY

Reference Ref	Type	Bedrooms Beds	m²	Price	Interested?
AALB3276	House	6	601 m²	€2,300,000

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