Alfama Escolas Gerais

2 Bedrooms
780000 - 870000

Located on a charming cobbled street near the iconic Tram 28 and a few steps away from the Portas do Sol viewpoint, this beautiful renovation project in traditional Alfama consists of five spacious apartments.

With wonderful river views from the top floors and views of the Alfama viewpoint for all residences, these Lisbon apartments are perfect for those seeking a pied-à-terre and they are eligible for short-term rentals which is incredibly rare in Alfama and in the capital as a whole.

These apartments would make wonderful second homes or buy-to-let investments with net yields of up to 4% - this is an opportunity not to be missed.

The apartments

Comprising just five apartments (one per floor and a duplex at the top), these properties for sale in Lisbon all have private entrances for more privacy. All properties boast west or south-facing terraces and balconies to make the most out of the wonderful views over the city and the famous Alfama viewpoint: Portas do Sol. Apartments from the third floor will also have stunning river views. All of these properties for sale in Lisbon will have excellent finishes such as marble floors and concrete ceilings.

Because it is an intimate project, the ground floor is dedicated to garages for those who want to purchase one and a delightful communal garden with palm trees. The building is equipped with a lift and the private entrances of the apartments can be accessed via external staircases. The white facade of the property perfectly complements the style of the neighbourhood and the blue staircases will bring a nice modern touch.

Gallery

Available properties.

Unit	Type	Bedrooms	Interior sqm	Outside space	Floorplan	Total price	Interested
1A	Apartment	2	100	Yes	View / Download	780000	Yes
2A	Apartment	2	102	Yes	View / Download	820000	Yes
3A	Apartment	2	103	Yes	View / Download	870000	Yes

View facade plan

Investment potential

Whilst it has become quite difficult to find properties eligible for short-term rentals in the historical centre of Lisbon, this project already has a licence as it was acquired before the changes to short-term rentals came into play. This is therefore the only new project in Alfama with a short-term rental licence at the moment. Thanks to their superb location and miradouro-worthy views, these apartments are expected to generate net rental yields of up to 4%.