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Buildings for Sale, in São Vicente, Reduced price: 5 %, in 365 days
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São Vicente, Ilha da Madeira
Remodelled · 450m²
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1.600.000 €
Building in Alfama, in the heart of Lisbon

Excellent investment opportunity!

This freehold building is an architectural gem, comprising 4 carefully restored and renovated flats. Attention to detail and the use of noble materials give this property a unique charm and superior quality.
The flats are distributed as follows: two elegant one-bedroom flats, a cosy one-bedroom flat and a studio flat, perfect for those looking for a more exclusive space. All the kitchens have been fitted with modern appliances, providing practicality and functionality.
The building offers additional flexibility because, if necessary, there is the possibility of creating a horizontal shop for each of the fractions, expanding the utilisation options and maximising the return on investment. It is currently operating as a Local Accommodation Centre
The location is simply unbeatable.
Situated on Rua do Salvador, an old thoroughfare linking the Castle and downtown Lisbon, this pedestrianised street enchants with its vibrant atmosphere and high-quality local shops. Enjoy brunch shops, wine cellars, restaurants and neighbourhood shops, creating a unique and convenient experience for locals.
Alfama, one of Lisbon’s most traditional and touristy neighbourhoods, envelops its visitors with its narrow streets, which for many years were home to fishermen. Located between São Jorge Castle and the sea, this charming neighbourhood is the essence of Lisbon, a mixture of smells, feelings and authentic life. Witness the shyness of everyday life, the birthplace of fado, a melancholic expression that echoes the feelings of the Portuguese people.
Don’t miss out on this unique opportunity to own a piece of Lisbon’s history. Book your visit now and discover the charm of this exceptional property!
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