Overview
- Updated On:
- October 3, 2020
- 1 Bedrooms
- 1 Bathrooms
- 538.00 ft2
Property Description
This one-bedroom apartment for sale in Lisbon enjoys a superb location in lively and picturesque Bairro Alto with transport links, bars and restaurants close by. Sold fully furnished, this beautiful property is ready to enjoy or rent out straight away.
The Property
This apartment for sale in Bairro Alto is located on the second floor of a building equipped with a lift which was renovated in 2017. Whilst the property features a typical tiled facade, the interiors have been finished in a contemporary style with an elegant light colour scheme.
The property spans 50 sqm and features an open-plan living and dining area of 28 sqm, a double bedroom with a built-in wardrobe and a separate bathroom. There is also a charming 3 sqm terrace which can be accessed via the living area and the bedroom – perfect for making the most of Lisbon’s 300 days of sunshine per year.
Investment Potential
As well as a great lifestyle investment, this property for sale in Bairro Alto is an interesting buy-to-let investment opportunity. Eligible for both mid and long-term leases, this property can generate an estimated monthly income of €1,400.
Another highlight of this property is that it is perfectly priced for the acclaimed Portugal Golden Visa Program which grants residency to international investors and qualifying family members. After five years, it is then possible to apply for full Portuguese citizenship.
Location
Simply referred to as ‘O Bairro’ by Lisboetas, Bairro Alto is a lively cultural hub home to art galleries, trendy bars, diverse restaurants and unique boutique shops.
Quiet and traditional during the day, when night descends the streets come alive and Bairro Alto transforms into a meeting point for locals and tourists alike, offering everything from music and dancing to gastronomy. Some of the best bars and restaurants can be found on Rua da Atalaia, Rua do Diário de Noticias and Rua da Barroca.
