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Augusta 170

Baixa - Lisbon

3

€1.35m

Located on Baixa’s mosaiced Rua Augusta, the city’s main pedestrianised street bookended by Arco da Augusta, this Lisbon apartment for sale is perfect for those wishing to live in the lively historic heart of the city. Not only is this stunning Lisbon property is just a short walk from the Tagus river and Praça do Comércio, but all amenities – shops, restaurants, cafes and transport links – are on the doorstep.

Key features

Renovation
Great views
Town centre
Balcony
Lift
Penthouse

The property

Located on the top floor of a renovated building equipped with a lift, this Lisbon property for sale spans 146 sqm across two floors. Two double bedrooms with en-suite bathrooms can be found on the first floor whilst the en-suite master bedroom occupies the entire 36 sqm mezzanine floor. Not only is the master bedroom the largest, but it also boasts city and castle views.

The property features an open-plan living and dining area of 34 sqm with high ceilings and an equipped kitchen. There is also an intimate office of 5 sqm which is perfect for those who need a peaceful, sunny spot to work from home. With plenty of windows and an elegant light colour palette, this south-west-facing apartment is bathed in light throughout the day and there is also a private terrace of 12 sqm.

This property for sale in Baixa is part of a boutique collection of eight apartments located within a renovated building. Whilst the interiors have been fully refurbished in a contemporary style with high-end finishes, the original facade and architectural details have been carefully preserved.

Investment potential

Baixa was one of the first areas in Lisbon to undergo a wave of regeneration which means that new-build and renovated properties are increasingly uncommon in this neighbourhood. This makes this stunning renovated apartment for sale a rare find. One of the city’s most popular areas to live and visit, properties in Baixa can command as much as €10,000 per sqm which makes this apartment priced at €9,246 per sqm well-priced given its location on a famous street and exceptional finishes.

Not only does this central Lisbon apartment represent a fantastic lifestyle opportunity for those who wish to live comfortably in the capital, but it can also be rented out on the long-term rental market. 

This property is also eligible for the acclaimed Portuguese Golden Visa programme which grants residency to those investing €500,000 or more in real estate in Portugal. After five years, it is then possible to apply for full Portuguese (EU) citizenship.

Location

This property is located on mosaiced Rua Augusta, a famous pedestrianised street studded with alfresco cafes and lined with Pombaline buildings, which paves the way to Arco da Rua Augusta. It is sometimes compared to Covent Garden in London. 

Baixa is one of the most popular areas in Lisbon and is home to a number of famous landmarks, such as Praça do Comércio and Elevador de Santa Justa, as well as a plethora of shops, restaurants and boutiques. Though Lisbon is famous for its hills, Baixa, meaning ‘low’ in Portuguese is delightfully flat, making it a popular place to call home. Whilst lively during the day, Baixa offers the best of both worlds as it is more laidback in the evening with tourists and locals alike heading to neighbouring Chiado, one of the city’s best nightlife spots.

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...

Carlota Pelikan Carlota Pelikan

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