3-bedroom duplex penthouse, Baixa - Santa Justa

€980,000 3 Bedrooms Resale

This stunning three-bedroom duplex penthouse with a mezzanine floor is situated in bustling Baixa. This apartment for sale was completely refurbished in 2019 and balances modern interiors and high-end finishes whilst carefully preserving the traditional Pombalian architectural details, making this a one of a kind property. 

The property

Spanning 132 square metres of interior space, the apartment features high ceilings with large windows and a Juliet balcony, offering lots of natural light. The duplex is located on the fifth & sixth floors and boasts lots of light as well as excellent city views, including Santa Justa Lift and São Jorge Castle. The property is west-facing which means it enjoys the afternoon sun. Situated on the top floor of the property, this apartment offers privacy away from the hustle and bustle of the busy city centre.

Investment potential

Thanks to its proximity to Lisbon’s major attractions, Baixa is a popular destination for tourists which makes this property perfect for short-term rentals with an estimated rental yield of 5% net.

The apartment is also available for the Golden Visa programme, which offers residency to those who invest €500,000 or more in real estate. After five years, it is possible to apply for Portuguese citizenship.

Location

The apartment truly enjoys a prime location, just a stone’s throw away from the Santa Justa Lift and The Rua Augusta Arch. Lively Baixa is Lisbon’s commercial hub, offering large pedestrian streets filled with trendy shops and boutiques as well as lots of outdoor cafes and terraced restaurants. 

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 restaurants and the occasional street artist and [...]

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