São Julião, Biaxa

Located in Baixa, the historic heart of the capital, this one-bedroom apartment for sale in Lisbon enjoys a prime location just steps away from Praça do Comércio, Lisbon’s grandest plaza, and the Tagus river. All amenities – shops, restaurants and transport links – can be found just steps away too, making this Lisbon property for sale a well-positioned pied-à-terre or buy-to-let investment.

The Property

This Baixa apartment spans 65 sqm on the first floor of traditional Pombaline building with a lift. The property features a fully equipped kitchen, an open-plan living and dining area, a double bedroom and a bathroom. Whilst the authentic Pombaline facade has been carefully preserved, the interiors of the apartment have been recently refurbished in a modern, elegant style. The apartment features high ceilings throughout and is well-lit thanks to its south-west facing aspect and light colour scheme.

Investment Potential

This apartment for sale in Baixa represents an opportunity for those seeking a buy-to-let property in Lisbon. Thanks to its great location in central Lisbon with landmarks, museums and restaurants close by, this Baixa property is expected to perform well on the rental market.

In addition, this Baixa property is also eligible for the Portugal Golden Visa Program one of the best residency programmes around, this scheme allows those who invest €500,000 or more in real estate in Portugal to apply for Portuguese (EU) residency. After five years, it is then possible to apply for full Portuguese citizenship.

Location

The historic heart of Lisbon, buzzing Baixa is home to some of the city’s most famous landmarks such as the iconic Arco da Rua Augusta and Praça do Comércio, a grand plaza which was once the city’s commercial centre. Whilst Lisbon is famous for its seven hills, Baixa, which means ‘low’ in Portuguese, is flat which makes it a popular place to call home and explore by foot.

Baixa is also a perfect base for exploring the rest of the city. Avenida da Liberdade, one of Europe’s best high-end shopping streets is just 15 minutes’ walk away and Chiado is just over 10 minutes away by foot too.