Central Lisbon Building

Here is a building for sale in a central Lisbon trendy neighbourhood, São Bento.

There are 5 levels, with 1 duplex, with 3 levels currently operating under short-term letting licenses.

The ground floor commercial unit is strongly supported by the rapid growth of retail in this area. This layout optimizes the large basement volume for storage, and is internally connected.

The first floor is a large one bedroom apartment and generates immediate high-yield income through active short-term rental (AL). It has a premium interior design, and is sold as a turnkey business. This asset includes a valuable 10-year historic Airbnb profile with Superhost status, flawless ratings, and a robust book of future reservations.

The duplex, on the second and third floors, mimics the high-performing AL model of the floor below it and acts as the building’s most valuable unit due to a major supply shortage of large-capacity apartments for groups and families. It contains 5 bedrooms, 2 bathrooms and a large exterior terrace for outdoor dining and lounging.

There is excellent scope for a renovation to increase the living space. And/or to divide the building into sellable individual units.

Air-conditioning is standard.

 

São Bento is a calm, character‑filled pocket of central Lisbon, known for its historic streets, antique shops, and relaxed café culture. Centered around the Assembleia da República, it blends political heritage with a creative, design‑driven atmosphere. The neighborhood is walkable, close to Príncipe Real, Chiado, Estrela, and the riverside, offering both convenience and a peaceful residential feel. Its mix of vintage charm, local eateries, and nearby green spaces like Jardim da Estrela makes São Bento one of Lisbon’s most appealing and authentic areas. It is serviced by the new Circular Metro line.

Property Features

For further information or to arrange to view this property please contact us on our International Number (+351) 308 800 878 or from the UK 0800 014 8201 or from Portugal (+351) 308 800 878 or email us on info@portugalproperty.com.