Lapa, Lisbon, Portugal | Ref: AALB7584

Lapa, Lisbon, Portugal

House in Praças - AALB7584

Lapa, Lisbon, Portugal


Existing Projects - All - AAOther124
  • New Build
  • 7 bedrooms
  • €9,500,000
  • House in Praças
  • Interior: 679m2

Set in the heart of Lapa, one of Lisbon’s most established residential neighbourhoods, this rare full-building opportunity presents the potential to create a substantial private residence in a discreet yet central setting. Combining scale, flexibility and location, the property offers the possibility to shape a home aligned with individual expectations. The building can be delivered fully refurbished or acquired in its current condition with an approved project in place, allowing buyers to adapt the layout and finishes according to their own vision.

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ABOUT THE LOCATION

Lapa is known for its quiet streets, embassies and period architecture, offering a more residential atmosphere while remaining close to the city’s cultural and social hubs. Positioned between Santos, Baixa and Príncipe Real, the property benefits from strong connectivity, including rail links towards Cascais and an upcoming metro extension. The setting balances day-to-day convenience with a sense of privacy rarely found in central Lisbon.

About The Property

The project offers 679 sqm of internal space, arranged across five levels. The approved scheme allows for between five and seven bedrooms, depending on the selected configuration.

As a complete renovation opportunity, the property provides a high degree of flexibility. It can be delivered as a fully refurbished residence or acquired in its current condition with planning approved, offering the possibility to adapt the layout and specification in line with the buyer’s intentions.

The proposed design incorporates an indoor swimming pool, Turkish bath and integrated heating and air conditioning throughout. Parking for two vehicles is предусмотрed, together with additional storage and the option to introduce an outdoor pool, resulting in a considered and adaptable residential offering.

Investment Potential

Opportunities to acquire entire buildings in Lapa remain limited, particularly those offering this level of scale and adaptability. The flexibility to define the final layout supports long-term value, whether as a primary residence or second home. With the confirmed arrival of a new metro station set to enhance accessibility, the area is expected to see continued upward pressure on property values, reinforcing its appeal as a considered long-term investment.

ADVISERS’ OPINION

"Townhouses in Lapa are exceptionally scarce, making this a rare opportunity in one of Lisbon’s most established addresses. While positioned at the upper end of the market, it offers a level of exclusivity and presence that defines the area as one of the city’s most desirable places to be."

Why Invest

  • Full-building ownership in Lapa
  • Flexible residential layout (5 or 7 bedrooms)
  • Strong long-term demand
  • Future metro value growth
  • Central yet private setting

Local Insights

  • Residential and diplomatic area
  • Close to Santos and Baixa
  • Future metro connectivity
  • Easy access to Cascais line
  • Village-like atmosphere 

*Please note that the images used throughout are indicative or photographs of previous work from the same developer. Images may not be exactly representative of the property.

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Reference Ref Type Bedrooms Beds m2 Price Interested?
AALB7584 7 679 m2 €9,500,000