7 Bedroom Existing Apartment

Chiado, Lisbon, Portugal | Ref: AALB6341

DETAILS

7 Bedroom Existing Apartment

Chiado, Lisbon, Portugal

Existing
7 bedrooms
€3,800,000

Chiado Chagas

Interior: 525m²
Exterior: 3.85m²

Lying in the heart of Chiado, this exceptional property offers a unique blend of traditional charm and untapped potential. Spanning approximately 525 sqm across three floors, the residence boasts spacious living areas, stunning river views, and distinctive architectural features. Situated in one of Lisbon’s most coveted neighbourhoods, this is an unparalleled investment opportunity for renovation and substantial capital appreciation.

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ABOUT THE LOCATION

Located in the upper part of the neighbourhood, this Chiado property benefits from a prime position between the historic Luís de Camões Square and the charming, picturesque streets of the Bica neighbourhood, known for its vibrant atmosphere. Not to mention, it's just steps from the iconic "Elevador da Bica” that connects you seamlessly to the lower part of the city, while the elegant Rua Garrett provides an amazing selection of high-end boutiques. A 10-minute walk downhill takes you to the dynamic Time Out Market and Cais do Sodré, the ultimate transport hub which can connect you to the rest of the city and beyond. This location blends a historical charm with modern convenience, offering proximity to cultural landmarks, boutique shopping and Lisbon's renowned nightlife.

About The Property

With its iconic tiled facade, grand entrance hall, seven bedrooms, five bathrooms, three kitchens, and an independent garage, this townhouse-style apartment promises immense opportunities for transformation. On the ground floor lies a grand entrance hall and an independent apartment, complete with a bathroom and kitchen. The first floor offers stunning high ceilings, original solid wood floors and charming details such as antique tiles and stone chimneys. Four interconnected living rooms bathed in natural light, with panoramic views over Chiado and the Tagus River, plus access to a south-facing balcony that captures the essence of Lisbon’s charm. The top floor, set under the eaves spans 130 sqm and opens to another balcony with breathtaking city and river vistas. This level is currently bedding used as an office space but could be transformed into a two-bedroom apartment, offering endless possibilities for transformation.

Investment Potential

While this property for sale in Chiado requires a light renovation, it has lots of potential. Its well-designed layout allows for various configurations, including transforming the space into three separate apartments or maintaining it as an elegant townhouse-style triplex apartment with a private entrance. This apartment is fantastic for personal use or as a Lisbon rental investment, offering a significant opportunity for capital appreciation in one of Lisbon's most sought-after districts.

ADVISERS’ OPINION

A rare opportunity to invest in a spacious Chiado property with historic charm, breathtaking river views, and exceptional renovation potential.

Why Invest

Strong potential for capital appreciation
Prime central location close to the Luís de Camões Square
River views & lots of renovation potential
Short walk to Time Out Market & Cais do Sodré
Very high ceilings, preserved historic details & a traditional facade

Local Insights

Central neighbourhood
High-end shopping and dining options
Vibrant cultural scene and nightlife
Proximity of viewpoints and picturesque streets
Good public transportation

*Please note that the images used throughout are indicative or photographs of previous work from the same developer. Images may not be exactly representative of the property.

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Reference Ref	Type	Bedrooms Beds	m²	Price	Interested?
AALB6341	Apartment	7	525 m²	€3,800,000