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Padaria 32

Baixa - Lisbon

4

€1.803m

Located in Baixa, the historic heart of the capital, this spacious Lisbon apartment for sale is sold fully furnished and enjoys a prime location just steps away from the Tagus river and Praça do Comércio, Lisbon’s grandest plaza. A fantastic selection of shops, restaurants and amenities can be found within walking distance too.

Key features

Golden visa

The property

Occupying the entire fifth floor of a renovated build with a traditional Portuguese facade, this 260 sqm penthouse is perfect for families who wish to live in the historic heart of Lisbon. This apartment for sale in Baixa comprises four bedrooms with fitted wardrobes and two of the bedrooms also benefit from an en-suite bathroom.

There is plenty of space for entertaining too with a large open-plan living and dining area which opens up to several charming terraces. There is also a large mezzanine floor which spans almost 100 sqm and may serve as an additional living area or an office for those who work remotely. The mezzanine floor opens up to rooftop two terraces which are perfect for enjoying Lisbon’s sunny climate.

Investment potential

As this property is already delivered, the future owner will have the opportunity to apply for a Portuguese Golden Visa which grants residency to investors and qualifying family members whilst paving the way to fully EU citizenship. 

As Baixa is a prime and central district, this apartment represents a reliable long-term investment set to benefit from capital appreciation as demand for properties in this popular neighbourhood consistently remains high. In this neighbourhood, the average selling price of similar properties rose by 19% between 2018 and 2019 (source: Confidencial Imobiliário).

Location

Though Lisbon is famed for its hills, Baixa, meaning ‘flat’ in Portuguese, is refreshingly flat making imperfect for exploring by foot. The historic heart of the capital, Baixa is home to some of Lisbon’s most famous attractions as well as a good selection of shops and restaurants.

Whilst Baixa is lively during the day, this neighbourhood is quite calm in the evening with tourists and locals alike heading to the bars and restaurants in neighbouring Chiado.

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