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10 bedroom Apartment in Lisbon

€ 1,500,000 £ 1,269,614 $ 1,604,475

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Key information

Reference: PSS173972

Apartment

Lisbon, Lisbon & Lisbon Coast

10 Bedrooms

11 Bathrooms

Ownership Status: Private

Built in: n/a

10-bedroom Guesthouse, 285 sqm (gross floor area), with guaranteed yield in Alfama, Lisbon. Local accommodation comprising two fully renovated apartments, each with five suites, a check-in area, a communal kitchen, a reading area, and a 50 sqm patio. Business opportunity with a 5.2% yield (€6,500/month), 7-year contract.Alfama is the oldest neighbourhood in the city of Lisbon, with many corners, alleys and narrow streets, at night it is possible to hear the melancholic fado in some of the restaurants in the area.The Guesthouse is 2-minute walking distance from the iconic Tram 28 line. 10 minutes from the Portas do Sol Viewpoint, Santa Apolónia train station, Avenida Infante D. Henrique, and St. Louis Hospital. 20-minute drive from Lisbon Airport. The apartment is also 15 minutes from the Autónoma de Lisboa University, Lycée Français Charles Lepierre, and several public schools.

Features

Air conditioning
Garden
Kids play area
Near school(s)

Key information

Reference: PSS173972

Apartment

Lisbon, Lisbon & Lisbon Coast

10 Bedrooms

11 Bathrooms

Ownership Status: Private

Built in: n/a

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Lisbon, Lisbon & Lisbon Coast

Not only is Lisbon Portugal’s largest and most wealthy city, but it also has the unique distinction of being Europe’s furthest western capital city. With a population of over 2.8 million in Lisbon and the surrounding area, it certainly qualifies as a large city on any scale.

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Yours sincerely,
Michael Vincent

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