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Building In Castelo

Rua do Salvador

Lisbon, Lisbon, 1100-466, Portugal

Property ID: #12859572 // Residential
    / 18
Traditional Sale
List Price:
USD $1,789,155.12
This amount was converted from the original amount of 1,598,000.00 EUR to USD at the exchange rate as of 2026-11-06 06:00:00 UTC
Icon 2,475.7 ft²
Icon 0.02 acres
Icon - beds
Icon - baths
Title:
Building In Castelo
Address:
Rua do Salvador
City:
Lisbon
State, Province or Island:
Lisbon
Zip Code:
1100-466
Country:
Portugal
Property Type:
Residential
Additional Property Types:
Other
Year Built:
1896
Property Size:
2,475.7 ft²
Lot Size:
0.02 acres
Data Source:
Properstar
MLS/Reference Number(s):
115584720
Source Property Type:
Building

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Property Information

The Century 21 Select is pleased to present you this wonderful product to you exclusively.
It is a building in a tourist location, next to the Castle of São Jorge, the birthplace of Lisbon, it is one of the original parishes of the city and carries history beyond the Moorish fortress, with more than ten towers and an archaeological museum. Still with an enormous historical influence, the now neighborhood which once had 3500 residents has been in constant change, mainly thanks to the reuse and restructuring of spaces, such as the Tower and the Church that were returned to the city. But there is much more to discover, from restaurants to grocery stores and wine bars.
The property consists of 3 T2 apartments, refurbished, equipped and also already furnished, and a spectacular Sushi restaurant in operation.
All fractions recently leased, and the lease contracts will expire in the summer of 2023.
As a property is located in an area not prohibited for local accommodation, as soon as the long-term lease contracts end, and especially for investors, you will be able to explore this building in local accommodation and reach returns much higher than 6% per year.
It is undoubtedly a fantastic business opportunity.
Do not hesitate to contact the agency, or the consultant in charge directly and come and discover this ''real deal''.
See you soon

Disclaimer

Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This content last updated on 2026-06-23 10:04:09. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

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