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Historical Heritage w/ Approved Project

Bairro Alto 1200-010, Portugal
Sale Price
€1,250,000
Property Type Multi-Family, 2-4 Units
Beds 1
Baths 1

Property Description

Enter this piece of history that tells us the tradition of Lisbon on each of its walls. Set for a modern transformation in the iconic Bairro Alto, this distinctive property is located on the esteemed Rua da Barroca, presenting a rare blend of heritage charm and contemporary potential, boasting an approved project for expansion and renovation.

Spread over 376 square meters and covering three floors with the approved addition of another floor, this historic building offers a total of 5 apartments ranging from studios to two bedrooms, along with a commercial unit, presenting an exceptional investment prospect in the heart of Lisbon's vibrant cultural center.

Located among the cobbled streets of Bairro Alto, this property boasts a coveted address – Rua da Barroca, famous for its eclectic mix of trendy bars, artisan shops, and cultural landmarks. With its central location, residents emerge into a bustling atmosphere with effortless access to the city's best attractions.

Characterized by having traditional facades and period features, it offers a unique setting and contemporary living.

Project Approved: With project approved for expansion, allows the addition of a floor to accommodate modern living spaces while preserving the historical integrity of the property.

The property's flexible layout encompasses 5 distinct apartments, catering to a variety of lifestyles and preferences, from cozy studios to spacious two-bedroom residences, ideal for urban dwellers and investors alike.

With an east-west sun exposure, it is possible to enjoy natural light throughout the day.

The property is ready to start building, having all the necessary approvals, offering an optimal context for those looking to innovate and quickly customize a custom-made residential or commercial development.

This property also represents an attractive investment opportunity in Lisbon's dynamic real estate market, offering the prospect of significant returns and long-term investment appreciation. Whether looking for a lucrative rental income stream or a residence of their own in the heart of the city, this property is ideal for discerning investors.

Agent Information

Team Leader & Luxury Real Estate Professional +351 910 677 435
The Agency

Property Specifics

Property Type: Multi-Family, 2-4 Units
Estimated Sq. Foot:
3,046
Lot Size:
3,046 sq. ft.
Price per Sq. Foot:
Building Units: N/A
Building Stories: N/A
Pet Policy: N/A
MLS ID: a0UXX000000000X2AQ
Source Status: Active

Building Amenities

N/A

Unit Amenities

N/A

Location & Transportation

Other Property Information

Summary

General Information
  • Year Built: 2000
  • Architectural Style: Other

Interior and Exterior Features

Interior Features
  • Living Area: 3,046 sq. ft.
  • Total Bedrooms: 1
  • Full Bathrooms: 1

Property Information

Lot Information
  • Lot Size: 3,046 sq. ft.

Similar Listings

Building Information

Building Name: N/A
Property Type: Multi-Family
Building Type: N/A
Pet Policy: N/A
Units: N/A
Stories: N/A
Built In: 2000
Sale Listings: 1
Rental Listings: 0
Land Lease: No
All information is deemed reliable but not guaranteed. Copyright 2024 The Agency. All rights reserved.
Last checked: May 10, 2024, 2:16 PM UTC
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