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Arco da Augusta

Baixa - Lisbon

2

€1.25m

This renovated two-bedroom apartment for sale in Baixa is located at the top floor of a modern newly built building with a lift just a few steps from the river bank and Praça do Comércio. Furnished and fully equipped with high-end interior design, the property enjoys plenty of natural light.

Key features

Renovation
Town centre
Balcony
Lift
River views
Golden visa

The property

From delicious codfish cake stores at your doorstep to the lovely promenade by the banks of the Tagus river, Baixa is the neighbourhood where you have everything at your disposal while experiencing the authentic Lisbon lifestyle. This property comprises a spacious living and dining area as well as two bedrooms with built-in wardrobes. The master bedroom benefits from an en-suite bathroom with a king-size bed whilst the other has two single beds and a charming balcony.

With plenty of natural light, an open-plan layout and a wraparound balcony, this property for sale in Baixa is ideal for families and couples who want spacious areas for entertaining. From the balcony, owners can enjoy spectacular views of the Tagus river, Sé Cathedral and Baixa’s neighbourhood. Sold fully furnished and elegantly decorated, this property is ready to move in or rent out immediately.

Investment potential

One of the advantages of this apartment is that it grants investors immediate access to Portugal’s Golden Visa programme. Amongst other benefits, a Golden Visa enables easy travel throughout the Schengen area and paves the way to Portuguese citizenship.

Whilst short-term rents are heavily restricted in Baixa, properties in this neighbourhood can be rented out on a long-term basis and have an estimated annual yield of 3.7%. This historic heart of Lisbon and arguably the city’s most famous neighbourhood, property for sale in Baixa represents a stable investment. Plus, Baixa is in the process of applying for Unesco world heritage status which will make property here even more attractive in the future.

Location

Baixa is a lively commercial hub with mosaiced pedestrianised walkways which are home to trendy stores and boutique shops. Baixa’s central location and excellent transport links make its one of the best-connected neighbourhoods in the city. Built according to the ideals of simplicity and economy following the biggest earthquake to ever hit Europe in 1755, Baixa was the continent's first example of neoclassical urban planning and this historic neighbourhood is in the process of applying to be a Unesco world heritage site. This important neighbourhood is home to some of the city’s most iconic landmarks such as Praça do Comércio and Arco da Augusta.

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 Ga...

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